Scotsman Guide 1/26/16 – Mortgage industry divided over further cuts to FHA insurance premiums

  “I can’t handicap how likely it is that they would do this, or how seriously they are looking at it right now,” said Scott Olson, executive director of the Community Home Lenders Association, which lobbies on behalf of nonbank lenders. “The last time there was no real public indication … Continue reading

Letter to CFPB Director Cordray – Bank Mortgage Loan Originator Testing Exemption – 1/20/16

  2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 January 20, 2016 Bank Mortgage Loan Originator Testing Exemption Mr. Richard Cordray, Director Consumer Financial Protection Bureau,  Washington, DC   20552 Dear Director Cordray: On the three-year anniversary of the adoption of the CFPB LO comp rule, the Community … Continue reading