Some mortgage servicers do not have sufficient guidance in place to respond to credit reporting disputes and other accuracy issues, according to a special edition of a supervisory highlights report.
The application of blockchain technology in asset securitizations is growing faster in China than in other parts of the world, with at least eight deals completed.
The crux of the matter: “The agencies are aware that the use of certain alternative data may present no greater risks than data traditionally used in the credit evaluation process.”
A large bulk MSR auction may be in the works but it won't see the light of day until next year. Meanwhile, executive changes are afoot at a handful of companies.
Private-label commercial MBS issuance likely will climb to $120 billion in 2020 thanks to low interest rates and benign commercial real estate conditions. But there's a never-ending storm cloud: retail.
Financial regulators are backing “responsible use” of alternative data in loan underwriting but there are still many uncertainties, particularly in the world of residential finance. More to come? Indeed.
At the time, industry attorneys were concerned the review sought by All American could take the Supreme Court beyond the analysis and determination sought in the Seila Law case...