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GSEs Like, but Move Slowly on AI Adoption

September 28, 2022
Dennis Hollier
The FHFA shares the GSEs' tentativeness about AI...
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loanDepot’s Debt Trading at Steep Discounts

September 27, 2022
Paul Muolo
Except for founder Anthony Hsieh, some loanDepot insiders of late have been selling shares in the company...
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Correspondents Gain Share in GSE Market

September 27, 2022
Brandon Ivey
Wells Fargo boosted its conventional-conforming lending through correspondents by 2.7%...
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Fannie Pilot Aims to Turn More Renters Into Owners

September 27, 2022
Dennis Hollier
Reporting of on-time rent payment history is designed to help tenants develop a better credit profile...
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CFPB Seeks Feedback on Streamlined Refinancing, Servicing

September 26, 2022
Sam Manas
The bureau wants to know how it can make it easier and less risky for consumers to refinance their mortgages, and how it could spur the creation of new products.
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Chopra Emphasizes Staying Ahead of Tech, Setting Norms

September 26, 2022
Sam Manas
CFPB Director Rohit Chopra explains how the bureau’s recent big moves are tied to his views on the functioning and regulation of consumer financial markets and products.
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Republican Senators Warn Chopra Against ‘Abuse of Power’

September 26, 2022
Sam Manas
Senate Republicans believe the bureau under Director Rohit Chopra has adopted an arrogant regulatory ethos.
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Appeals Court Reverses Controversial Mail Vendor Decision

September 26, 2022
Sam Manas
The 11th Circuit Court of Appeals found that a plaintiff alleging a Federal Debt Collection Practices Act violation had to prove concrete harm, not just a statutory violation, to have standing.
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Bureau to Regulate Buy Now, Pay Later Industry

September 26, 2022
Sam Manas
CFPB Director Rohit Chopra has directed bureau staff to look into possible rules for buy now, pay later products in five areas.
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Chopra Open to Idea of Defanging Forced Arbitration

September 26, 2022
Sam Manas
While the CFPB has no plans to restrain the use of forced arbitration clauses, Director Rohit Chopra is open to the idea.
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