IMFnews

August 1, 2018

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OCC Tells Fintech Firms It’s Open for Business, Send In Your Charter Apps…

There are dozens of residential lenders that use the phrase “fintech” to describe their activities, but whether they will file to become a depository is a different matter. Read More

The Poor Performance of the Fairholme Fund? Blame Fannie and Freddie

Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…” Read More

Treasury Likes Fintech but CSBS Has Major Concerns on Handing Out Charters

The report makes more than 80 recommendations related to fintech and nonbank financial policy. Read More

New Report: Over Half of Flawed FHA Loans Were Cured

Roughly 59.8 percent of the reviewed loans were initially deemed unacceptable. Read More

Lenders Divided on Potential for Non-QMs. Demand Exceeds Supply?

SG’s Justin Mahoney estimated that lenders participating in the panel were backed by $10 billion of capital aimed at expanded-credit products… Read More