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Does CFPB rebuke of credit bureaus portend tougher rules?

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau slammed the nation’s credit reporting bureaus over their handling of complaints in a report that,.. Read More;

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Freddie Mac to increase credit-risk transfer securitizations in 2022

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac is ramping up its credit risk transfer activity this year, announcing plans to increase issuance by $7 billion,.. Read More;

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FHFA objects to Fannie Mae and Freddie Macs underserved markets plans

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency has registered a formal objection to Fannie Mae and Freddie Mac’s 2022 to 2024 plans,.. Read More;

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Rocket Cos. shuffles mortgage leadership, names Bob Walters CEO

National Mortgage
Mortgage Finance
4 years ago

Rocket Cos. has shuffled the leadership of its mortgage company, promotingBob Walters to CEO from the president and chief operating,.. Read More;

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Mortgage rates hit their highest point in 9 months

National Mortgage
Mortgage Finance
4 years ago

As 2022 kicked off, the 30-year mortgage rate average jumped to its highest level since last spring.The 30-year fixed rate,.. Read More;

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Standard Life named latest Equity Release Council member

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This allows the lender to emblazon its products with the ERC endorsement mark, which it describes as, “a recognizable statement,.. Read More;

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JMT Finance added to Knowledge Bank

Mortgage Finance Gazette
Mortgage Finance
4 years ago

JMT is privately funded and offers finance for commercial property via repayment mortgages, balloon mortgages and through bridging products. On its,.. Read More;

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Pepper Money moves to rebrand Optimum Credit after regulatory approval

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The mortgage lender bought Cardiff-based Optimum Credit in October 2018 from Patron Capital for an undisclosed sum. The deal included,.. Read More;

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Experian, TransUnion bringing buy now/pay later loans into credit reports

National Mortgage
Mortgage Finance
4 years ago

Buy now/pay later lending has sparked worries about mounting consumer credit risk, and part of the issue is the lack,.. Read More;

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Fed minutes flag chance of earlier interest rate hikes

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously,.. Read More;

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Liberal policy brings the return of the zombie mortgage

National Mortgage
Mortgage Finance
4 years ago

“Home prices have risen so sharply that lenders are on average generating twice the proceeds from foreclosure needed to pay,.. Read More;

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Treasuries selloff deepens as Fed opens door to faster hikes

National Mortgage
Mortgage Finance
4 years ago

(Bloomberg) --The year-to-date selloff in Treasuries worsened after minutes from the Federal Reserve’s latest meeting showed officials considering earlier and,.. Read More;

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