Members of Mayer Brown’s Financial Services team summarize the main takeaways of the CFPB’s proposal to amend the Regulation X mortgage servicing rules. We focus on the proposal to amend the requirements for mortgage...more
Join us for this episode of Financial Services Focus, where Lauren Pryor, Eric Edwardson, Haukur Gudmundsson and Krista Cooley dive into considerations for MSR (Mortgage Servicing Rights) fund investments and outline the...more
In an effort to help struggling borrowers stay in their homes, the US Department of Housing and Urban Development’s (“HUD” or “Department”) Federal Housing Administration (“FHA”) recently introduced its newest loss mitigation...more
4/10/2024
/ Borrowers ,
Consumer Financial Products ,
Federal Housing Administration (FHA) ,
Financial Distress ,
Financial Services Industry ,
HUD ,
Lenders ,
Loan Payments ,
Loss Mitigation ,
Mortgage Servicers ,
Mortgages
While residential mortgage lenders are facing tough headwinds driven by rising interest rates and low housing volume, the current market presents opportunities for savvy investors looking at mortgage servicing rights...more
10/20/2023
/ Consumer Financial Products ,
Financial Services Industry ,
Investment Adviser ,
Investment Management ,
Lenders ,
Licensing Rules ,
Loans ,
Mortgage Servicers ,
Mortgage Servicing Rules ,
Non-Bank Lenders ,
Structured Finance
While residential mortgage lenders are facing tough headwinds driven by rising interest rates and low housing volume, the current market presents opportunities for savvy investors looking at mortgage servicing rights...more
10/19/2023
/ Consumer Financial Products ,
Financial Services Industry ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
Licensing Rules ,
Loans ,
Mortgage Servicers ,
Mortgages ,
Non-Bank Lenders ,
Structured Finance
While many around the world are setting their calendars forward for the year 2023, residential mortgage loan owners and servicers may need to also look backward in time now that New York Governor Kathy Hochul signed the...more