My friends at HousingWire.com recently published my thoughts on why lenders, investors, service providers and even regulators should all be pressing hard toward the digital mortgage. And the key, I believe, is the hybrid mortgage. You can see why I make this claim here!
I was quoted recently in an article by National Mortgage News. Beyond the obvious and heartbreaking immediate impact of Hurricanes Harvey and Irma, there are waves of longer-term impact as well. Please have a look at this article to get my thoughts about the impact of these devastating stores on the Ginnie Mae portfolios. Our … Continue reading Impact of Hurricanes Even Extends to RMBS
Housing Wire just published part II of my recent article, which asks the question "Is America at a housing policy crossroads?" This time, I asked thought leaders (and friends) David Kittle and Michael Bright what they thought as well. Please have a look and let me know what you think.
I read a great piece recently by Bill Cosgrove on Housing Wire. You'll recall that Bill served as MBA's Chairman not too long ago. Bill is on-point when he says that many of the recent changes allowing small lenders better access to the GSEs didn't/couldn't happen until FHFA's powers expanded as conservator. We also agree on … Continue reading How soon we forget.
If you haven't seen my latest article, please take a look! It's over at HousingWire. Part II will be coming in the next couple of weeks. Stay tuned!
I found today's The Title Report article, " CFPB to Supervise Mortgage Servicers, will level the playing field" (subscription required) to be troubling. Attorney Richard Horn, former senior counsel for the CFPB, is promoting the direct supervision of mortgage servicing operations by the CFPB in an effort to level the playing field and reduce consumer risk. Really? Is … Continue reading Are we letting the camel into the tent?
Politico recently reported that my good friend Brian Montgomery has been tapped by the Trump Administration to head up the FHA for the second time. Brian is passionate about the viability of the program. He will bring much-needed leadership to the FHA post-confirmation.