I was only 9 years old when Jan and Dean in 1963 released their hit song “Dead Man’s Curve.” I thought about this song when I read the Conference of State Bank Supervisors’ (“CSBS”) Proposed Regulatory Prudential Standards...more
12/31/2020
/ Consumer Financial Products ,
CSBS ,
FHFA ,
Financial Regulatory Reform ,
Financial Services Industry ,
Mortgage Servicers ,
Mortgages ,
Non-Bank Lenders ,
Prudential Standards ,
Regulatory Agenda ,
Regulatory Requirements
This week, the Federal Housing Finance Agency (“FHFA”) announced an eagerly awaited policy allowing Fannie Mae and Freddie Mac (the “Agencies”) to address one aspect of the liquidity crisis for mortgage servicers facing...more