TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/393532
64 | Th e M Rep o RT Final ThoughTs Final Thoughts Cooling temperatures doesn't mean the buzz around the housing industry. here's what has tongues wagging this month. "Everyone's familiar with the Sherwin-Williams logo, a can of paint covering the earth. I think of the CFPB as the Sherwin-Williams of regulators." — Morrison & Foerster's Don LaMpe discusses the new realities of compliance "We're really just shaping ourselves up to be a smaller housing market." — DaviD Zugheri, co-founder and EVP of Envoy Mortgage, gives his take on the direction of the market "As an economist, statistician and housing expert, I am lamentably confident that home prices will fall." — Joshua poLLarD, former head of housing research at Goldman Sachs, predicts an imminent housing crash "The expanded database is a solution in search of a problem." — Researchers hester peirce and vera soLiMan at George Mason University's Mercatus Center offer their opinion of the CFPB's idea to publish consumer complaint narratives "I would hope, without making predictions, that we could complete that rulemaking by the end of the year." — FDIC Chairman Martin gruenberg assures the Senate Banking Committee that regulators are close to working out a finalized risk retention rule "While there remains a great deal of uncertainty over the ultimate impact of the QM rule, we do not yet see significant changes in the market." — Urban Institute researchers Laurie gooDMan, JiM parrott, eLLen seiDMan, and bing bai dismiss claims that mortgage rules are already cramping the market "I want to send a simple message to lenders: let's work together." — HUD Secretary JuLian castro sets the tone for his department