FHFA Delays Rule Requiring Prior Approval of New GSE Products February 24, 2023 Dennis Hollier The rule was scheduled to go into effect Feb. 27...Read More
Banking Regulators Not Giving Ground on MSR Risk Weighting February 24, 2023 Sam Manas A Wells Fargo executive addressed the trend of banks pulling out of the servicing business...Read More
FHFA Proposes Changes to GSE Capital Rule February 23, 2023 Dennis Hollier The new rule should please critics of the fee for commingled securities.Read More
CFPB Enforcement Activity Down 61% (That's Correct) in FY22 February 22, 2023 Sam Manas The CFPB provided “conflicting data” about investigations opened in fiscal years 2014 through 2016, the attorney said...Read More
HFSC Republican Leadership Slow to Act on Housing Issues February 17, 2023 Dennis Hollier Still no sign of Republican activity on the housing finance front, despite their new majority in the House.Read More
Freddie Abruptly Postpones Earnings Release February 15, 2023 Dennis Hollier The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.Read More
Short Takes: Applications Decline / FHA Considering Revisions to Rehab Program / CHLA Critical of ‘Duplicative’ Proposal from CFPB February 15, 2023 Brandon Ivey Rising interest rates take another bite out of loan applications.Read More
HFSC Chair Considered Pragmatic, Affable Despite Rhetoric February 14, 2023 Dennis Hollier After years spent in opposition, House Financial Services Committee Chair Patrick McHenry, R-NC, has used recent hearings to criticize various housing policies brought under Democrats.Read More
Non-QM Program, Three Years Dead, Haunts Sterling Bank February 14, 2023 Brandon Ivey Investigations by the Department of Justice and Securities and Exchange Commission linger over Sterling Bank & Trust's non-QM program closed in 2019.Read More
Hsieh's Latest Revelation: I Was Fired by the loanDepot Board February 9, 2023 Paul Muolo loanDepot insiders have been dumping their stock in the lender. But not Hsieh.Read More