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Chopra Sworn in at the CFPB. Kudos and Concerns…

October 13, 2021
Brandon Ivey
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.
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Concerns Remain on Better.com's SPAC/IPO...

October 12, 2021
Paul Muolo
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.”
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Lenders Urge States to Extend Work From Home Flexibilities

October 12, 2021
Brandon Ivey
The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.
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FHA Claws Past VA in 3Q21 Ginnie Single-Family MBS Issuance

October 12, 2021
John Bancroft
Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...
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Enforcement Actions Can Drive Minority Lending

October 11, 2021
Namrata Bhatia
Banking supervision plays an important role in improving access to mortgage credit for minorities and women, according to a new study.
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Seniors’ Complaints About Mortgages Jump in 2021

October 11, 2021
Namrata Bhatia
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.
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The CFPB in Charge of Bank Mergers? A Bill Appears…

October 11, 2021
Paul Muolo
Should the CFPB have a say in bank M&As? Bankers will tell you no, but a new bill introduced on Capitol Hill opens up such a possibility.
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Pandemic Brings Relief to Surging Credit Card Debt

October 11, 2021
Namrata Bhatia
The consumer credit card market had been booming over the last few years, with debt levels hitting new peaks in 2018 and 2019.
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New Residential Set to Enter F&F Space via Genesis Deal

October 11, 2021
Paul Muolo
Another M&A deal for publicly traded REIT New Residential...
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A Quandary: What FHA Lenders Can Use to Calculate Adjusted Net Worth

October 11, 2021
Monica Hogan
Scott Olson, executive director of the Community Home Lenders Association, suggested FHA take a second look at the changes...
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