CFPB Enforcement Chief Anthony Alexis to Depart October 16, 2017 Thomas Ressler Before joining the bureau in 2012, Alexis was a complex litigation and white collar partner at the Mayer Brown law firm in Washington, DC…Read More
GSEs Continue Adapting Seller Requirements to Conform with HMDA Changes October 12, 2017 Thomas Ressler Fannie and Freddie continue to tweak their systems and processes to accommodate the new mandates, which kick in January 1…Read More
Ocwen Settles Servicing Disputes with Two More States October 12, 2017 Thomas Ressler In all of these agreements, Ocwen neither admitted nor denied liability…Read More
IG: CFPB Pushed Examiners into the Field Before They Were Ready October 11, 2017 Thomas Ressler Some examiners did not receive adequate training or developmental opportunities, the IG said…Read More
Credit Report Gripes Filed with the CFPB Go Sky High October 11, 2017 Thomas Ressler Gripes to the bureau leapt by 53.4 percent on a sequential basis…Read More
Did the Department of Justice Ever Opine in the CFPB Case? Hard to Say… October 10, 2017 Thomas Ressler No one’s talking, and there’s been no indication that the DOJ has even filed a brief in the Ocwen case…Read More
Average SFR Vacancy Rate Increased in August, but Investor Demand Remains Strong October 9, 2017 Thomas Ressler “Only two single-borrower, single-family rental securitizations posted a retention rate below 70.0 percent,” Morningstar said…Read More
CFPB Gives Servicers More Flexibility in Dealing with Troubled Borrowers October 5, 2017 Thomas Ressler The interim final rule becomes effective on October 19…Read More
Cato: Most Americans Support Bipartisan Commission for the CFPB October 4, 2017 Thomas Ressler “Those on the left side of the political spectrum are more likely to know what the CFPB is and have a positive opinion of it,” said Cato’s Emily Ekins.Read More
Short Takes: Some Criticism for the GSE Regulator / Security National Passes $3B Mark / Ellie Mae Completes Velocify Deal / Banks Will Pay Because of Equifax Mess / Executive Bolts Stearns for Sierra Pacific October 3, 2017 Paul Muolo and Thomas Ressler But that didn’t stop the conservative from the Lone Star state from offering up some critiques on the FHFA...Read More