We pointed it out before, but the situation has not changed: Nonbanks that went public over the past 16 months are not doing well when it comes to share price. As for meaning: Such a performance does not bode well for other nonbanks contemplating life in the public realm.

Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...

Highlighting how algorithmic bias was leading to new, harder-to-detect digital redlining, Chopra said, “We need to make sure we have the skill sets in house"...

First Republic Bank also stands out among the 30 companies: Its jumbo servicing portfolio increased by 4.2%...

Market watchers believe the activity was driven, in part, by exceptional home price appreciation and more interest in the sector among lenders.

Also, because Thompson is a Democratic appointee, she likely is leaning toward the option of using the government-sponsored enterprises to improve the lot of low-income borrowers.

If former bureau attorneys are found engaging in violations, the CFPB said it will “make referrals to state licensing bodies and bar associations that may wish to consider disciplinary proceedings.”

The package is top-heavy in California product at 27%. Florida is next at 17%...

But acquiring that talent is going to be an enormous challenge for the bureau given that it cannot compete with compensation levels in the private sector.

The CFPB said it will apply heightened scrutiny to matters and decisions where a regulated entity has employed or retained the services of a former bureau employee.