Regulators See Nonbank Mortgage Firms as Potential Risk to U.S. Financial System

Wall Street Journal, Dec. 4, 2019–Andrew Ackerman (subscription)
The Financial Stability Oversight Council, in a report released Wednesday, highlights mortgage companies as a potential vulnerability for the first time, Treasury officials said. The lenders, which aren’t regulated as closely as banks, originate and service a growing portion of U.S. home loans.
https://www.wsj.com/articles/regulators-see-nonbank-mortgage-firms-as-potential-risk-to-u-s-financial-system-11575498244