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.
Welcome! I've been playing around with this WordPress site for a bit now, and I'm really starting to enjoy it. But the content of my blog will be about anything but playing. You see, I've been fortunate enough to build my career in the housing industry. I believe that, right now, America's housing industry (mortgage, … Continue reading New beginnings
I saw a great Housing Wire article today regarding a long overdue CFPB crackdown on RESPA violators. Our industry has been ground zero for those that deal in the "pay to play" practice of doing business for far too long. Too many companies playing by the rules have lost out on business opportunities because others … Continue reading It’s about time!