John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
However, one investment banker said he believes the SPAC/IPO — announced in May of this year — could very well come off. “Some investors have already lined up to buy shares … They could just force this thing through.”
Consumers self-identifying as older Americans filed 1,987 gripes related to mortgages in the first half of 2021, a sharp increase from the same period last year. Conventional mortgages made up most of the complaints.