State News; Primer on Securitization – Ginnie Sets Record; LO Census

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Posted To: Pipeline Press

As the productivity of the male part of our industry grinds to a screeching halt due to looking up “Beach volleyball cheerleaders” on Google Images, I can think of nothing I’d rather do than spend my workday reading about the Consumer Finance Protection Bureau. For others who feel the same way, they should check out Mayer Brown’s CFPB Five-Year Retrospective . Of course lenders that do business in multiple states must pay attention to changes in various places in addition to whatever the federal government and the investors are doing. There has been some recent state news of note. For example, the state of Ohio has created the D.O.L.L.A.R. Deed Program which provides a loss mitigation alternative for borrowers in default on their mortgage. This creative program gives…(read more)

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