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Home » Authors » Thomas Ressler

Articles by Thomas Ressler

FCC Limits ‘Robocalls’ on Mortgage Collections, More…

August 31, 2016
Thomas Ressler
The new rules apply to each caller, rather than each debt…
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CFPB Considering Registration System for Nonbanks, Mortgage Firms Included

August 24, 2016
Thomas Ressler
A CFPB nonbank registration system might be used to collect financial and operational data and information on a lender’s organizational structure…
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Non-QM Lending Stuck in a Funk?

August 22, 2016
Thomas Ressler
Investors are more willing to buy non-QM loans as long as they are Alt A in nature, industry sources told Inside the CFPB…
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The Industry Caught One Big Break on the TRID 2.0 Proposal: Sharing Disclosures with Others

August 11, 2016
Thomas Ressler
Many lenders were concerned about the privacy implications of giving the borrower's closing disclosure to the real estate agent.
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TRID 2.0 Proposal Addresses Lingering ‘Black Hole’ Issue

August 9, 2016
Thomas Ressler
Former CFPB official Benjamin Olson, now with the BuckleySandler law firm, said the bureau’s move in this regard will give lenders more flexibility...
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Short Takes: GSE Net Worth Minimum to Double? What? / Myth and Rumor / Lender Anxiety Over High Home Prices / TRID 2.0 a Net Positive? / A Clarification on Two Harbors MBS

August 8, 2016
Paul Muolo and Thomas Ressler
Higher net worth requirements coming on GSE loans?
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With No Extra Cure Provisions, Industry Split on New TRID Proposal and its Effect on Secondary Mortgage Market

August 4, 2016
Thomas Ressler
Some industry reps say the omission of more guidance on cures will hurt the jumbo secondary market, where anxiety over assignee liability is high...
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CFPB Has its Say on Foreclosure Prevention, Publishes ‘Guardrails’ for Servicers

August 3, 2016
Thomas Ressler
The principles released Tuesday are separate from and independent of the finalized amendments to the CFPB’s 2013 mortgage servicing rules, which are expected in several weeks.
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CFPB Unveils TRID ‘2.0’ Proposal. No Additional Cure Provisions

July 29, 2016
Thomas Ressler
The CFPB went on to say its proposal does not – and cannot – address every concern that has been brought to the agency’s attention since the rule first came out.
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Time Running Out on July Release of ‘TRID 2.0’; NAR Weighs In

July 28, 2016
Thomas Ressler
TRID 2.0 could arrive in early August instead…
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