CFPB’s No. 2 to Leave Agency for Law Firm

American Banker, Feb. 25, 2020–Neil Haggerty (subscription)Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird …

FHA Seeks Fast Action on Foreclosure-Sale Proposal

National Mortgage News, Feb. 25, 2020–Bonnie Sinnock (subscription)HUD asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them …

Part One: Is Customer-for-Life an Impossible Dream?

National Mortgage Professional, Feb. 25, 2020–Rick GrantThere are so many reasons the mortgage industry needs to find a way to build loyalty among home loan borrowers. It’s not just that …

Mortgage Applications Back Up in MBA Weekly Survey

Mortgage applications continued their strong start to 2020, increasing by 1.5 percent from one week earlier as key interest rates fell again, the Mortgage Bankers reported this morning in its Weekly Mortgage Applications Survey for the week ending February 21.

FHA Announces Changes to CWCOT Program

HousingWire, Feb. 25, 2020–Sarah WheelerFor government agencies, the road to a streamlined process is a hard slog through outdated technology, requiring battles with regulators and legislators. But that doesn’t stop …

Consumer Confidence Rises Slightly

The Conference Board, New York, said its Consumer Confidence Index rose for the second straight month in February, albeit slightly.