Results 1 to 5 of 9

Opportunities and Challenges in Distressed Residential Finance

USA - June 23 2022 The residential finance industry faces substantial headwinds in the current economic environment. After a record-breaking performance in 2021, the…

Krista Cooley, Christopher Pochon, Lauren Bergen Pryor, Susannah L. Schmid, Sean T. Scott

CFPB Report on Servicers’ COVID-19 Response Signals Enforcement Priorities

USA - August 12 2021 On August 10, 2021, the CFPB’s Office of Supervision Policy published a report titled Mortgage Servicing COVID-19 Pandemic Response Metrics:…

Stephanie C. Robinson

CFPB Delays Mandatory Compliance with New QM Until October 2022

USA - April 28 2021 The Consumer Financial Protection Bureau is finalizing its proposal to extend until October 1, 2022 the mandatory effective date of the new Qualified…

David L. Beam, Steven M. Kaplan, Kris D. Kully, Lucia Nale, Stephanie C. Robinson

So You Want to Form an MSR Fund: Issues and Considerations

USA - December 21 2020 Despite COVID-19 conditions, US residential mortgage loan origination volumes have been at historic highs, driven by a refinancing boom spurred by low…

Jon D. Van Gorp, Krista Cooley, Haukur Gudmundsson, Laurence E. Platt, Lauren Bergen Pryor, Claire Gibson Ragen

Fannie and Freddie to Relax Servicer Advance Requirements for Loans in Forbearance

USA - April 21 2020 Today, the Federal Housing Finance Agency (“FHFA”) announced an eagerly awaited policy allowing Fannie Mae and Freddie Mac (the “Agencies”) to…

Kris D. Kully, Michael McElroy, Laurence E. Platt