IMFnews

October 4, 2017

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Cato: Most Americans Support Bipartisan Commission for the CFPB

“Those on the left side of the political spectrum are more likely to know what the CFPB is and have a positive opinion of it,” said Cato’s Emily Ekins. Read More

Trouble in IO Land? 1H17 Production Down Almost 20 Percent

First Republic Bank originated $1.90 billion of IOs in the second quarter of 2017, ranking first nationwide. Read More

Ocwen Says SEC Clears it of Wrongdoing in Two Matters

Ocwen suggests that other mortgage firms are being investigated by the SEC for their use of collection agents... Read More

After 75 Years, the NAHB Tosses the Mortgage Interest Deduction Overboard

NAHB's Jerry Howard said a doubling of standard deductions – if it becomes law – could prove to be a powerful financial tool for home buyers. Read More

Short Takes: FHFA’s Watt Tells Panel He Can Go It Alone / A Deal (Eventually) with Treasury’s Mnuchin? / Sen. Warren to Wells CEO: You Should be Fired / Wells’ Rate-Lock Mess / A New Hire for Silver Hill

A handful of GSE watchers we spoke to believe that in time Watt will work out a compromise with Treasury Secretary Steven Mnuchin on zero capital... Read More