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Home » Authors » Thomas Ressler

Articles by Thomas Ressler

Short Takes: JPM’s New Jumbo MBS Deal / Regulatory Hassles for ASPS / Altisource Asset Management’s $9 Million Man / CFPB Chief Continues to Defend the Rate-Tracker Tool

March 4, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Although George Ellison’s salary was not disclosed in the press release announcing his employment with the company, a subsequent filing provided details: $450,000 per year, another $450,000 in incentive bonuses...
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Don’t Even Think of Basing LO Compensation on Loan Terms

March 2, 2015
Thomas Ressler
Kristie Kully of K&L Gates discussed how the rule treats issues related to splitting commissions, a subject her firm gets a lot of questions about...
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Can the GOP Succeed in Getting Appropriations Power Over the CFPB?

February 27, 2015
Thomas Ressler
The window to pass reform measures, even narrowly targeted provisions that have bipartisan support, might be closing.
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Short Takes: Gone But Not Forgotten: MetLife’s Mortgage Unit / BB&T Facing Heat from DOJ and HUD OIG / Walter Optimistic, but Investors Aren’t / The ‘Father’ of the CFPB: President Jimmy Carter

February 26, 2015
George Brooks, Paul Muolo, and Thomas Ressler
Although Walter Investment Management lost a ton of dough in 2014, it sees brighter days ahead...
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Credit Reporting Complaints Rise; Experian the Complaint ‘King’

February 25, 2015
Thomas Ressler
Experian led the pack in terms of complaints with a cumulative total of 15,847.
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Yellen Committed to Letting MBS Run Off the Fed’s Balance Sheet

February 24, 2015
Thomas Ressler
Fed chief Janet Yellen also signaled a continuation of the status quo for interest rates...
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Short Takes: Next Up, Walter Investment / Why No ‘Big’ Mortgage M&A? / Lay Offs At… / Sterne Agee Slated for Sale / The CFPB, an ‘X-Factor’?

February 24, 2015
Paul Muolo and Thomas Ressler
We understand from one very good source that a top 30-ranked lender has been quietly trimming staff of late….
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Final GSE Multifamily Tally: $56.9 Billion

February 18, 2015
Thomas Ressler
Over the past few years there has been some debate about the role Fannie and Freddie play in the multifamily sector with GSE critics pushing for the two to scale back their involvement.
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CFPB Cracks Down on Deceptive Mortgage Advertising

February 13, 2015
Thomas Ressler
The regulator sued All Financial Services, a Maryland-based mortgage broker that plies its trade in the reverse mortgage market.
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CFPB Fines VA Lender NewDay $2 Million for Deceptive Ads, Kickbacks

February 11, 2015
Thomas Ressler
NewDay's chairman emeritus is former Ginnie Mae president Joe Murin.
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