A Ginnie President, Finally? A New HUD Secretary? Uh, No November 6, 2020 Paul Muolo No permanent Ginnie president for almost four years? Is that a problem? Read More
Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector November 5, 2020 Paul Muolo With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...Read More
Fannie Mae Names Former FDIC Chief Sheila Bair as its New Chair November 5, 2020 Dennis Hollier Bair, a native of Kansas, came to Washington under the wing of then-Senator Bob Dole in the early 1980s.Read More
Different Readings from MBA and Black Knight on Forbearance November 3, 2020 Paul Muolo Black Knight tracks daily performance data on over 23 million mortgages covering more than 60% of the market. MBA’s survey encompasses 38 million loans from roughly 50 servicers.Read More
Consumer Supervision Division Shakeup Raises Eyebrows October 29, 2020 Yemeng Yang Afterward, the enforcement office’s policy and strategy team personnel and functions will be moved to a new division... Read More
Washington Federal (Again) Fined for HMDA Reporting Errors October 28, 2020 Yemeng Yang Washington Federal has not yet been released from a 2013 consent order with the CFPB for violating HMDA and Regulation C. Read More
Amid the Pandemic, Consumer Complaints Reach an All-Time High October 27, 2020 Yemeng Yang The top three in the complaint category: Experian, Transunion and Equifax... Read More
SCOTUS Receives Last Major Brief in the (GSE) Collins Case October 26, 2020 Dennis Hollier Nielson’s friend of the court filing is tightly reasoned and well organized. However... Read More
DOJ Unveils Guild FHA Legal Settlement October 23, 2020 In settling with the FHA charges with government, Guild did not admit liability... Read More
Guild Goes Public, Stock Struggles in Reduced Offering October 22, 2020 Paul Muolo All totaled, McCarthy will take home $97.5 million today compared to $161.5 million, the high end of the range published last Thursday... Read More