Legislative Issues

Browse articles from all of our Newsletters related to Legislative Issues.

November 26, 2018 - Inside the CFPB

FDCPA Does Not Apply to Non-Judicial Foreclosures, CFPB Argues

Initiating non-judicial foreclosure is not a debt collection activity under the Fair Debt Collection Practices Act, the CFPB argued in a recent court filing in the U.S. Supreme Court. The court decision could have significant impact on the mortgage industry.

November 9, 2018 - Inside The GSEs

Midterm Election and the GSEs, Democrat Waters to Chair HFSC

This week’s midterm election ushered in a sea-change in the House of Representatives but it’s uncertain how it will influence housing finance reform. Now that the Democrats are the majority in the House, Rep. Maxine Waters (D-CA) is in line to serve as chair of the House Financial Services Committee. Back in July, Waters said fixing Fannie Mae and Freddie Mac would be a top priority if Democrats take control of the House. She’s been at odds with outgoing chair, Rep. Jeb Hensarling, R-TX ...

November 9, 2018 - Inside Mortgage Trends

Odds of GSE Reform May Not Have Changed Much

With Democrats recapturing control of the House of Representatives this week, and Rep. Maxine Waters, D-CA, expected to chair the House Financial Services Committee, the odds of housing-finance reform becoming a reality in 2019 didn’t improve all that much. In short, legislative reform remains a long shot. At least that’s the consensus of industry lobbyists and analysts interviewed this week by Inside Mortgage Trends. “Could Waters get something done?” asked ...


With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.


Yes, but only incrementally.


We’re pondering a move into non-QM, but haven’t made up our mind.


No, definitely not. We view it has too risky.