CFPB Official Blasts Servicers
Attendees at a mortgage servicing conference this week might have gotten more than they bargained for when the Consumer Financial Protection Bureau's No. 2 stepped up to the podium.
Big Servicing Conference Next Week
While mortgage servicing is the topic many conference goers will be discussing next week, other topics will be up for discussion at subsequent events.
Biggest Commercial Mortgage Servicers
Among a barrage of data emanating from a commercial mortgage conference this week is a list of the biggest servicers of commercial real estate loans.
Treasury Official Discusses Mortgage Market Reform
A Treasury Department official warned attendees at an asset-backed securities conference about allowing Fannie Mae and Freddie Mac to remain in their current form. He also expressed his opinion about expanding the Home Affordable Refinance Program.
2014 Mortgage Conference Calendar Filling Up
Among the topics to be covered at several upcoming mortgage events are appraisals, reverse mortgages and high-ticket Asian real estate financing.
Cordray Dispels Ability-to-Repay Myths
The head of the Consumer Financial Protection Bureau said that some rumors circulating about the Ability-to-Repay rule are just not true. He said that loans can still be made to borrowers with debt-to-income ratios that exceed 43 percent.
Wholesaler Recognized for Support of Mortgage Brokers
A wholesale lender has been recognized for its support of mortgage brokers. High quality customer service was cited among its strengths.
MBA Chief Troubled by Regulatory Environment
The current regulatory environment threatens to lock out low-income borrowers from the housing market and endanger the economic recovery, according to the head of the Mortgage Bankers Association.
Regulator Criticizes AMC Oversight
|MBA's 100th Annual Tops Upcoming Mortgage Events
The hundred-year anniversary of the mortgage industry's preeminent event is being hosted in the nation's capitol and will feature a former U.S. president. Several other upcoming events will address a myriad of new rules and regulations.
An official from the Office of the Comptroller of the Currency told mortgage bankers that better oversight is needed for appraisal management companies. Appraisal reviews are also a concern.