Unchecked Power at CFPB Reined In
The recent appellate court decision in PHH Corp.'s lawsuit against the Consumer Financial Protection Bureau will keep the young regulator in check.
Servicers Face New Requirements on NY Vacant REOs
The New York Abandoned Property Neighborhood Relief Act of 2016, recently signed into law by Gov. Andrew Cuomo, seeks to ease neighborhood blight by imposing new duties on mortgagees or their servicing agents to inspect and maintain abandoned properties secured by a delinquent mortgage.
Cabinet Post for Cruz?
Could one senator's transformation to Trump supporter from adversary of the billionaire be a signal that the Republican lawmaker from the Lone Star State has his eye on a cabinet post that impacts home lending?
Dodd-Frank Replacement Bill Advances
Legislation that would replace the cumbersome Dodd-Frank Wall Street Reform and Consumer Protection Act has advanced.
Bush Administration Official Recalls Sept. 11
The former chief of the Federal Housing Administration was among a small circle of officials with President George W. Bush as the events of Sept. 11, 2001, unfolded.
Mortgage Events Cover Credit Unions, ABS and LOs
Topics to be covered at upcoming mortgage-related events include credit union issues, asset-backed securities and politics. One of the events will focus on mortgage loan originators.
California Foreclosure Bill Headed to Governor
The Golden State's Senate has passed legislation that is intended to provide additional foreclosure protections for surviving spouses of deceased mortgage borrowers.
Opinions Vary on Future of Fannie, Freddie
The answer to the question about what is the best way to move forward with secondary mortgage lenders Fannie Mae and Freddie Mac depends on who you ask.
Legislation Will Ease FHA Condo Financing
Legislation has been passed by Congress that will make it easier to finance condominiums using government-insured home financing.
Calif Newspaper Criticizes GSE PACE Policy
An editorial from a Northern California newspaper is critical of the government-sponsored enterprises' lending policy on Property Assessed Clean Energy obligations.