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Non-QM, CD Automation, Marketing, Fulfillment AllRegs Products; FHA News and Trends

“Last week I told a joke over a Zoom meeting. It wasn’t even remotely funny.” Working remotely from home, or at least adopting a hybrid model, is something I hear about from lenders and vendors everywhere in my travels. There probably aren’t too many bankers at First Republic working from their sofas these days. Recall that First Republic, which announces earnings next Monday and continues to be mentioned by analysts despite things quieting down in the overall banking...
United States New York Times Square Tom Davis Chris Maloney Ginnie Mae

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Mortgage Servicing Exam Procedures According to CFPB

Consumer Financial Protection Bureau CFPB released updated version of Mortgage Servicing Examination Manual. Manual outlines โ€œthe types of information that CFPB examiners gather to evaluate mortgage servicersโ€™ policies and procedures; assess whether servicers are complying.
Consumer Financial Protection Bureau Homeowner Assistance Fund Mortgage Servicing Examination Supervisory Highlights Loan Ownership Transfers Payment Processing

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