CFPB Sees Kinder, Gentler Behavior by the ‘Big Three’ CRs January 4, 2023 Sam Manas The CFPB said in years past the firms were processing complaints so quickly they were unable to adequately investigate them...Read More
A Tough Road Ahead for Certain CMBS Maturities January 4, 2023 Sam Manas Now, and for the foreseeable future, capital will remain costlier and less available...Read More
Outside the Weather's Frightful...NYDFS Proposes Climate-Related Risk Management Rules December 29, 2022 Sam Manas The NYDFS, in a carefully worded statement, said the guidance would be a “basis for supervisory dialogue.”Read More
Texas Homebuilder Kindred, PrimeLending Launch Joint Venture December 28, 2022 Sam Manas PrimeLending is the nation's 35th largest originator, according to figures compiled by Inside Mortgage Finance.Read More
Black Knight Exec Gets Merger Bonus Early December 27, 2022 Sam Manas The bonus was previously disclosed but the payment is being accelerated...Read More
Short Takes: Wells and the FHA Question / #6 in Ginnie MSRs / Rate-Buydown Fever / Suing as a Deterrent / Publishing Break December 22, 2022 Paul Muolo and Sam Manas Why spend the money suing competitors? As a deterrent...Read More
Tough Road Ahead for CMBS Loans Maturing in 2023, 2024 December 22, 2022 Sam Manas DBRS Morningstar said inflation and high interest rates will make it hard for borrowers to pay off CMBS loans that mature in the next two years.Read More
CFPB, Wells Reach Record Settlement: $3.7B December 22, 2022 Sam Manas The consent order covers unfair and deceptive acts and practices in mortgage servicing, auto loan servicing and maintenance of deposit accounts.Read More
The GOP, Not Surprisingly, Takes Aim at Chopra December 21, 2022 Sam Manas Chopra noted the market share of ARMs has almost doubled...Read More
CFPB Slams Wells for Being a ‘Repeat’ Abuser of its Customers, Orders $3.7 Billion in Redress December 20, 2022 Sam Manas Wells is the nation's largest servicer of residential mortgages...Read More