October 12, 2016
The Fate of the CFPB
The United States Court of Appeals for the District of Columbia issued a decision in PHH Corporation v. Consumer Financial Protection Bureau, No. 15-1177 (October 11, 2016), that found an important aspect of the structure of the CFPB to be unconstitutional: … Continue reading
October 12, 2016 in Regulation | Permalink | No Comments
October 5, 2016
National Survey of Mortgage Originations
The Federal Housing Finance Agency has issued a request for comments on the National Survey of Mortgage Originations. The NSMO is a recurring quarterly survey of individuals who have recently obtained a loan secured by a first mortgage on single-family residential … Continue reading
October 5, 2016 in Regulation | Permalink | No Comments
September 22, 2016
Financially Capable Young’uns
The Consumer Financial Protection Bureau has issued a new model and recommendations, Building Blocks To Help Youth Achieve Financial Capability (link to report at bottom of page). It opens, To navigate the financial marketplace effectively, adults need financial knowledge and skills, … Continue reading
September 22, 2016 in Regulation | Permalink | No Comments
August 30, 2016
Protecting Fannie and Freddie’s Golden Future
The Federal Housing Finance Agency had requested input on its Update on Implementation of the Single Security and the Common Securitization Platform. By way of background, The Federal Housing Finance Agency’s (FHFA) 2014 Strategic Plan for the Conservatorships of Fannie Mae … Continue reading
August 30, 2016 in Regulation | Permalink | No Comments
August 19, 2016
Bringing Debt Collectors to Heel
TheStreet.com quoted me in Debt Collectors Hounding You With Robo Calls? Here’s What To Do. It reads, in part, Mike Arman, a retired mortgage broker residing in City of Oak Hill, Fla., owns a nice home, with only $6,000 left on … Continue reading
August 19, 2016 in Regulation | Permalink | No Comments
August 4, 2016
Fannie & Freddie G-Fee Equilibrium
The Federal Housing Finance Agency’s Division of Housing Mission & Goals has issued its report on Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2015. Guarantee fees (also known as g-fees) are another one of those incredibly technical subjects … Continue reading
August 4, 2016 in Regulation | Permalink | No Comments
August 3, 2016
The Future of Mortgage Default
The Consumer Financial Protection Bureau has shared its Principles for the Future of Loss Mitigation. It opens, This document outlines four principles, Accessibility, Affordability, Sustainability, and Transparency, that provide a framework for discussion about the future of loss mitigation as … Continue reading
August 3, 2016 in Regulation | Permalink | 1 Comment
