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If the CFPB axes the LO comp rule, what happens?

National Mortgage
Mortgage Finance
2 months ago

The Consumer Financial Protection Bureau under the Trump administration is eyeing revisions and a possible rescission to a number of,.. Read More;

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Change Co. emerges victorious after suing ex-employee

National Mortgage
Mortgage Finance
2 months ago

Community development financial institution The Change Company won judgment against a firm led by its former employee, who previously sued,.. Read More;

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Bowman's reform agenda targets ratings, supervision, capital

National Mortgage
Mortgage Finance
2 months ago

Federal Reserve Gov. Michelle Bowman, who was confirmed as the central bank's next vice chair for supervision this week. Bloomberg,.. Read More;

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Jobs numbers dash hopes for rate cut, mortgage hiring rises

National Mortgage
Mortgage Finance
2 months ago

May's slightly stronger than anticipated employment data dampened lenders' hopes for further downward pressure on rates in the immediate future,,.. Read More;

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Senators ask FHFA to pause plans to privatize Fannie, Freddie

National Mortgage
Mortgage Finance
2 months ago

A group of Democratic senators, including Elizabeth Warren and Chuck Schumer, asked the director of the Federal Housing Finance Agency,.. Read More;

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Traders reel in Fed cut bets as strong job data drags on bonds

National Mortgage
Mortgage Finance
2 months ago

Treasuries slumped after stronger-than-expected US job and wage growth prompted traders to trim bets that the Federal Reserve will cut,.. Read More;

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Senators scrutinize Rocket's Redfin, Mr. Cooper deals

National Mortgage
Mortgage Finance
2 months ago

Five U.S. Senators have called into question the lack of federal antitrust oversight of Rocket Companies' proposed acquisitions of Redfin,.. Read More;

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Tensions rise between trade groups over lumber tariffs

National Mortgage
Mortgage Finance
2 months ago

A lumber trade group is taking issue with the National Association of Home Builders' stance against President Trump's proposed tariffs,.. Read More;

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Low credit scores in non-QM verge on 10% default rate

National Mortgage
Mortgage Finance
2 months ago

Nonqualified mortgage performance over the past decade has varied broadly by segment while generating relatively few credit losses on average,,.. Read More;

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RatePlug's new tool creates, nurtures real estate leads

National Mortgage
Mortgage Finance
2 months ago

Even though some mortgage industry economists are expecting existing home sales to improve this year, affordability remains an issue holding,.. Read More;

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ModaMortgages and CHL Mortgages' sales teams merge Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 months ago

,.. Read More;

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Skipton, YBS and Nationwide urge chair of FPC on loan to income limits Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 months ago

,.. Read More;

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