National Mortgage News, July 26, 2016–Collins, Brian
Relaxed counseling requirements to help additional borrowers qualify.
Category: Top National News
D.C. Circuit Sets October Argument in Robocall Challenge
Bloomberg BNA, July 27, 2016–Bruce, Chris
MBA among groups challenging how regulators treat “robo-calls.”
CFPB Unveils Overhaul of Debt Collection
Wall Street Journal, July 28, 2016–Hayayshi, Yuka
Targets aggressive debt-collection practices.
Choppy Waters Ahead for Maturing CMBS Loans
National Real Estate Investor, July 27, 2016–Mattson-Teig, Beth
More volatile stretch ahead as more large loans mature.
Servicing Bad Loans Gets Trickier as FHA’s Share of Them Grows
National Mortgage News, July 27, 2016–Sinnock, BonnieFHA share up to 25% at end of 1Q.
Is there Light at the End of the Tunnel for Ocwen?
HousingWire, July 27, 2016–Lane, Ben
Company takes 2nd quarter loss as it deals with “legacy” issues.
CFPB Breaks Up Debt Collection Plan, Spares Banks for Now
National Mortgage News, July 28, 2016–Berry, Kate
Banks, credit card companies exempt for now.
Dems See Little Hope for Housing Finance Reform
National Mortgage News, July 28, 2016–McKendry, Ian
Democrats at DNC Convention say reform unlikely.
SEC Filing Details Ocwen’s Efforts to Rid Itself of California Mortgage Servicing Restrictions
HousingWire, July 28, 2016–Lane, Ben
Ocwen moves to settle as monitor costs mount.
Radian Grows New Mortgage Insurance Written 60% in Q2
HousingWire, July 28, 2016–Ramirez, Kelsey
Most goes to borrowers with high FICO scores.