HUD is seeking authority for the FHA to require, in certain instances, institutions with less expertise in servicing to hand off that function to a specialized servicer...
Most people who are not in straight-jackets believe the chances of GSE reform by 2016 are pretty much zero. Just in case you were wondering and needed a reminder…
Bills are expected to include provisions such as providing “qualified mortgage” status for many portfolio loans, with a much broader impact than the CFPB’s recent proposal.