Items Tagged with 'housing regulation'


  • Here's how to navigate the turbulent waters between CFPB regulation and bankruptcy code

    Getting bankruptcy right
    As each year goes by, lenders and servicers spend more of their budgets on compliance to avoid regulatory potential pitfalls. The perception that the cost of proper training and revising current procedures outweighs the cost of litigation related to default bankruptcy servicing. This isn't true. Instead, this is what you need to do.
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  • S&P: State regulations squeeze mortgage servicing profits

    But compensation rates aren’t changing
    A new S&P Global report outlines the challenges facing mortgage servicers, pointing out the likely additional cost and resource allocation. As the costs increase though, servicer compensation appears to be stagnant. HousingWire continues in-depth coverage of mortgage servicer costs and compensation. Click the headline to read more.
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  • How burdensome regulations now mean survival of the fittest

    The mortgage industry needs more than compliance capabilities
    Even today, the consequences of the mortgage crisis of 2008 resonate throughout the mortgage industry. However, the biggest impact from the meltdown wasn't sweeping regulation. Most will agree that there will be more “TRIDs” or “ATRs.” Instead, it's this key factor for businesses that is important.
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  • Are servicers finally off the CFPB’s hit list?

    Bureau offering more carrot, less stick
    For quite some time now, it appeared that the Consumer Financial Protection Bureau was out to get the servicing industry. However, a quick perusal of the new supervisory report from the CFPB might be a sign that servicers are no longer at the top of the bureau’s hit list. Can servicers finally breathe a sigh of relief?
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  • FHFA Director: "Significant challenges remain" for Fannie Mae and Freddie Mac

    Mel Watt makes first appearance before Congress
    The FHFA director went before the U.S. Senate Committee on Banking, Housing, and Urban Affairs Wednesday morning to give an update on Fannie Mae, Freddie Mac and the Federal Home Loan Bank. And while the government-sponsored enterprises have come a long way since the crisis, FHFA Director Mel Watt noted in his hearing that they still have a ways to go.
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  • From HW Magazine

    The final rule

    HW sits down with CFPB director Richard Cordray to discuss mortgages and the future
    In an exclusive interview with HousingWire, CFPB director Richard Cordray said that there are enormous differences between heading up the CFPB and acting the the Ohio Attorney General. See what's in store for mortgage markets in our February cover story.
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