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BLOG 2018-04-23T09:09:51-06:00

Cordray vs. Hensarling

Senator Jeb Hensarling is facing off against CFPB Director Richard Cordray, demanding the director commit to his future plans. The post Cordray vs. Hensarling appeared first on DSNews. Source: DS [...]

Putting Communities First

The Office of the Comptroller of the Currency released its schedule for Community Reinvestment Act evaluations at national banks and federal savings associations. The evaluation will determine how well banks [...]

For Sale: Freddie’s Largest RPLs

Freddie Mac has announced plans to sell off a pool of $983 million in seasoned re-forming and moderately delinquent loans. This marks the second sale of its kind this year—and [...]

Harvey Update: GSEs Announce Moratorium

Both of the Government Sponsored Enterprises announced Tuesday that they will assist homeowners affected by Tropical Storm Harvey as it continues to devastate the Gulf Coast. The post Harvey Update: [...]

Counsel’s Corner: Matthew J. Richardson

Matthew J. Richardson is Manley Deas’ Director of Litigation and Compliance. Throughout his career, he has practiced in the areas of commercial and financial services litigation and currently focuses his [...]

Easing the Burden

Ocwen Financial Corporation released the results of its loan modification borrower assistance program for the first half of 2017, allows for a mortgage payment reduction of up to 20 percent [...]

Is HECM Down for the Count?

Beset by uncertainty in the housing market, the Home Equity Conversion Mortgage Program (HECM) is losing money and cannot continue on in its present form. To make the program viable, [...]

Banks: What Now?

The Office of the Comptroller of the Currency released a statement Tuesday permitting national banks and federal savings associations to close if directly affected by Tropical Storm Harvey. The agency [...]

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