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Compliance

Ricardo A. Anzaldua Named Freddie Mac General Counsel
Freddie Mac has announced the promotion of Executive Vice President Ricardo A. Anzaldua to General Counsel and Corporate Secretary
Freddie Mac has announced the promotion of Executive Vice President Ricardo A. Anzaldua to General Counsel and Corporate Secretary. He succeeds William H. McDavid, who retired earlier this month.   Anzaldua joined Freddie Mac in May 2018 as Executive Vice President and Senior Legal Advisor. Prior... Keep Reading....
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The Consumer Financial Protection Bureau (CFPB) published two reports
 The Consumer Financial Protection Bureau (CFPB) published two reports, one assessing effectiveness of its Ability-to-Repay and Qualified Mortgage Rule (ATR/QM) and the other assessing the effectiveness of its 2013 mortgage servicing rule issued under the Real Estate Settlement Procedures Act (RESPA... more
A new report issued by Moody’s Investor Service is warning that the partial federal shutdown will increase the level of mortgage-delivery risk for lenders, particularly non-bank mortgage companies
 A new report issued by Moody’s Investor Service is warning that the partial federal shutdown will increase the level of mortgage-delivery risk for lenders, particularly non-bank mortgage companies.   The shutdown began on Dec. 22 and has left approximately 800,000 without paychecks. The shutdown... more
Michael Bright has withdrawn his nomination to become the next President of Ginnie Mae
 Michael Bright has withdrawn his nomination to become the next President of Ginnie Mae and will step down as the agency’s acting President on Jan. 16. Bright will take on the role of President and Chief Executive Oficer of The Structured Finance Industry Group, a securitization industry trade group... more
Four presidents of regional Federal Reserve Banks are urging a pause on additional interest rate hikes until there is a better understanding on the state of the economy
 Four presidents of regional Federal Reserve Banks are urging a pause on additional interest rate hikes until there is a better understanding on the state of the economy.   According to a Reuters report, three of the four regional Fed leaders—Charles Evans of Chicago, Eric Rosengren of Boston and... more

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