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IMFnews

June 13, 2017

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Trump-Mandated Report on Regulatory Reform has Treasury Blaming Dodd-Frank for Tight Mortgage Credit

The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers. Read More

A Problem: the Successors-in-Interest Provision of the CFPB’s Servicing Rule

The industry is concerned the CFPB rule has the potential to put servicers smack-dab in the middle of some nasty family disputes… Read More

Reverse Mortgage Lending on the Rise Again, but…

American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages… Read More

No Mortgage/GSE Reform This Year, Maybe No Bill Either

Last month, Federal Housing Finance Agency Director Mel Watt said he’s prepared to allow Fannie and Freddie to build some type of capital buffer to avoid a Treasury draw… Read More

Want to Fund Non-QM Loans? Try Contacting Real Estate Agents

Homebuilders can also help source non-QM borrowers. Read More

Short Takes: Why Treasury Dislikes the CFPB (More) / CID Abuses Alleged / Democrats Strike Back / Fannie Mae About to Lose its General Counsel / A New Hire for Opes

Looks like Fannie Mae's general counsel is headed to the U.S. Treasury... Read More

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