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Home » Authors » Thomas Ressler

Thomas Ressler

news@imfpubs.com
Articles

ARTICLES

House Panel Passes Measure That Would Override CFPB Rules

July 29, 2013
Thomas Ressler
The House committee again approved legislation taking aim at mortgage rules established by the Consumer Financial Protection Bureau.
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Industry Wants Changes to Qualified Mortgage Points-and-Fees Calculation

July 26, 2013
Thomas Ressler
In particular, mortgage industry professionals are focused on third-party-paid charges and seller-paid points in the QM rule.
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Bernanke Calms Markets With Details About Fed Plans to Taper

July 19, 2013
Thomas Ressler
The Fed chief told elected officials that whatever housing finance reform plan they choose to replace Fannie Mae and Freddie Mac, it should be clear to private investors about the government’s role in the market.
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Short Takes: J.D. Power Gives Nationstar and Ocwen Poor Servicing Grades / Watt Approved by Senate Banking Committee / Zandi Slams Hensarling Bill / GAO Will Investigate CFPB’s Data Collection Efforts / Bad Debt Up in Value

July 18, 2013
Brandon Ivey, Paul Muolo, Thomas Ressler, and Charles Wisniowski
Nationstar and Ocwen get poor servicing grades from J.D. Power & Associates. Meanwhile, Rep. Mel Watt headed to FHFA? Not so fast...
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Short Takes: Nationstar Lays Groundwork for Another BofA MSR Deal / PHH Revises Warehouse Agreement with RBS / The Fed Will Keep Gobbling Up MBS / The CFPB’s Cordray is Finally Street Legal / An OIG For CFPB?

July 17, 2013
Paul Muolo and Thomas Ressler
Nationstar Mortgage is issuing $250 million of debt, hinting that it may buy more MSRs from Bank of America.
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Consumer Complaints to CFPB About Mortgages Decline

July 16, 2013
Thomas Ressler
The numbers suggest that after seven quarters of complaints being received by the CFPB, mortgage lenders are getting a better handle on complaint resolution.
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Short Takes: Cordray Confirmed as CFPB Chief? / LPS Looked at Buying Mortgage Cadence / Joe Garrett Tells Lenders to Cut Now / Allonhill Starts Hiring / Fannie Says Market Could Move Toward ARMs

July 16, 2013
Paul Muolo and Thomas Ressler
Accenture is making major inroads in the residential finance space with its purchase of Mortgage Cadence. Meanwhile, Fannie says market could move toward ARMs.
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CFPB Finalizes Changes to Ability-to-Repay, Servicing Rules

July 11, 2013
Thomas Ressler
The changes also clarify which mortgages will be considered for purposes of determining “small servicer” status.
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Short Takes: Zero-Down Mortgages for Up to $650,000 / Sandler No Longer in Total Love with Wells / National Housing Trust Fund Robbed by Regulators? / GOP Up in Arms Over Big Brother CFPB / New FHA Bill?

July 10, 2013
Paul Muolo, Thomas Ressler, and Charles Wisniowski
Need a zero-down mortgage for $650,000? Another Washington-area credit union steps up to the plate.
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'Data-Driven' CFPB Defends Data Collection Efforts

July 9, 2013
Thomas Ressler
Testifying before a House subcommittee, the CFPB's Antonakes emphasized the fundamental importance of data analysis to the bureau’s mission.
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View All Articles by Thomas Ressler

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