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Inside the CFPB
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SIFMA Meets with White House Officials on GSE Single-Security Initiative

December 21, 2018
John Bancroft
The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...
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As Expected, OCC Chief Otting Tapped by White House to be Interim FHFA Director

December 21, 2018
Paul Muolo
Joseph Otting will be joining the Trump administration's "two-hat" club...
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What We’re Hearing: The Senate Waiting Game and Mark Calabria / What Might Mnuchin Come Up With? / Otting and Mnuchin and One West / Angelo Mozilo Makes it Rain Once More / MorVest’s MSR Auction / George Bailey Lives (A VA Story) / A Short Publishing Brea

December 21, 2018
Paul Muolo
The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...
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CFPB Launches Beta Version of 2018 HMDA Data Platform

December 21, 2018
The CFPB recently made available a beta version of its Home Mortgage Disclosure Act platform for reporting data collected in 2018.
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CFPB’s Plan to Ease ‘No-Action Letter’ Policy Draws Criticisms

December 21, 2018
The CFPB recently drafted a sweeping proposal seeking to expand benefits for companies obtaining a no-action letter.
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Under Kraninger, CFPB to Look at Enforcement, Rulemaking Afresh

December 21, 2018
In her first public remarks as CFPB director, Kathy Kraninger has signaled a fresh start for the consumer watchdog.
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Kraninger Makes Her First Move at CFPB – Halts Name Change Efforts

December 21, 2018
In one of her first acts in office, Director Kathy Kraninger has halted all ongoing efforts related to changing the CFPB’s name.
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Democrats Take Issue With Mulvaney’s Past Moves at CFPB

December 21, 2018
House Democrats are calling for CFPB’s new Director Kathy Kraninger to resume supervisory examinations of financial institutions for compliance with the Military Lending Act.
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Market Not Meeting Needs of Self-Employed

December 21, 2018
Self-employed households have been slower to recover from the financial crisis even though they make more money than salaried households, according to a new study from The Urban Institute. The study attributes the situation partly to the fact that incomes for self-employed households are still below pre-crisis levels while incomes for salaried households have largely recovered. Also, mortgage use and the homeownership rate have largely declined more for self-employed ...
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Industry Wants TRID Fix on Title Insurance Premium Disclosures

December 21, 2018
A dozen mortgage industry groups have asked the CFPB to update its integrated mortgage-disclosure rules in order to facilitate accurate disclosure of title insurance premiums and any potential available discounts to homeowners.
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