A University of Virginia School of Law professor examines the possibility of the government asserting executive privilege by withholding documents related to the GSE Net Worth Sweep.
Read More »Built-for-Rent Homes Regaining Market Share
The percentage of single-family homes built for the express purpose of renting them out is down from its peak reached in early 2013, but has been trending upward for the last four quarters. What has been driving the increase?
Read More »Five Years In, a CFPB Progress Report
Nearly five years ago, Congress created the CFPB, and its sole purpose was to serve as recovery agent for the American people coming out of the financial crisis. But how effective has the Bureau been in doing its job?
Read More »Trump Planning Dodd-Frank Overhaul
The presumptive Republican presidential nominee has some definite ideas about financial reform, and he plans to unveil those ideas in the next couple of weeks.
Read More »Congressman Calls for Regulatory Transparency from the CFPB
U.S. Rep. French Hill (R-Arkansas) said Monday that the Consumer Financial Protection Bureau (CFPB) needs to do a lot more to ensure the industry understand the new TRID-compliant ‘Know Before You Owe’ rules before they take effect.
Read More »Proposal Aims to Change CFPB’s Mission
Several bills aimed at rolling back Dodd-Frank or changing the CFPB have been gaining traction as of late. How does the latest proposal, H.R. 5211, aim to amend the mission of the Bureau?
Read More »How Low Can Credit Default Rates Go?
The composite consumer credit default rate fell to a new post-recession low in April. How are consumers' attitudes changing toward their debt, particularly long-term debt such as mortgages?
Read More »TRID’s Mixed Reviews Six Months Later
Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?
Read More »HUD: Changes are Coming to Delinquent Loan Sales
HUD Secretary Julián Castro is expected to soon unveil changes to HUD's Distressed Asset Stabilization Program, which has drawn criticism over the last year for its sales of deeply delinquent mortgage loans to Wall Street investors and private firms.
Read More »Servicers, Pay Attention to Supreme Court’s Ruling
The U.S. Supreme Court's ruling in the case of Spokeo Inc. v. Robins should be helpful to mortgage servicers. But at the same time, the ruling leaves many questions unanswered.
Read More »