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Volume 2017 - Number 22

October 27, 2017

Due Diligence Firms Consider Standardization

Providers of third-party due diligence services for non-agency mortgages are considering standardizing portions of the review and reporting process, according to Fitch Ratings. The rating service hosted a roundtable with a number of due diligence firms this month and provided some details on the meeting last week. “Participants agreed that increased focus on consensus where appropriate benefits the market as it mitigates pressures that third-party review firms may be ...

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Poll

What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.

35%

I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.

14%

Not bad, but he needs to take his time making additional changes.

12%

We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

39%