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Inside the CFPB
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Short Takes: 25 Comments So Far on GSE Capital / Count Stegman and DeMarco Among Them / A FHFA Director Candidate? / China Changes Gears on U.S. RE / Large Georgia Bank Buys Florida Depository

July 25, 2018
Paul Muolo and Carisa Chappell
Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...
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Industry Trade Groups Want Consumers to Contact Firms First, Not the CFPB

July 25, 2018
Yemeng Yang
“Customers are more promptly and efficiently served when they contact their financial institution directly with a concern,” said the American Bankers Association…
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Concerns Resurface About GSE ‘Charter Creep’; MBA Gets Vocal

July 24, 2018
Paul Muolo
But AEI researchers weren’t the only ones throwing bombs…
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Redwood to Raise $103 Million with Sale of Common Stock

July 24, 2018
Brandon Ivey
With the stock sale pending, Redwood disclosed preliminary details about its earnings for the second quarter…
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FHFA Says No Decision in 2018 Regarding Updating Credit Score Models

July 24, 2018
Carisa Chappell
After two years of work, the FHFA throws the idea out the window...
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Mortgage Complaints Filed with the CFPB Plunge. Wells Still #1

July 24, 2018
Yemeng Yang
In terms of consumer ire, Wells Fargo was the complaint market leader…
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Short Takes: Academy Mortgage Says It’s Not for Sale / Living on $600,000 Per Year in the Washington, DC, Area / Don Layton? / FHFA and Treasury Must Sign Off / Fannie’s Top Earners

July 24, 2018
Paul Muolo
Among Fannie’s top five executives, all earn more money per year than Mayopoulos...
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Short Takes: Will Trump Fire Fed Chief Powell? / If You Were Going to Hike Rates, You Should Have Told Me… / When Cutting Overhead is a Good Thing / Taveekanjana Returns to Movement Mortgage / Top Seterus Executive Departs for StoneHill

July 23, 2018
Paul Muolo
Consultant Joe Garrett: Remember that they’re your employees, not your family or friends...
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Takeaways: Kraninger’s List of Do’s and Don’ts for CFPB

July 23, 2018
During a heated hearing last week on Capitol Hill, the nominee to become the next CFPB director, Kathy Kraninger, identified some of her broad priorities for the consumer agency if she gets the job. Kraninger appeared to embrace the industry-friendly approach for the bureau that has been set by her boss at the Office of Management and Budget, Mick Mulvaney, who is also the acting director at the CFPB. Sen. Sherrod Brown, D-OH, said Kraninger showed a philosophy ...
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Kathy Kraninger Grilled by Democrats on Multiple Issues

July 23, 2018
Kathy Kraninger, President Trump’s pick to run the CFPB, faced tough questioning from Democrats in the Senate Committee on Banking, Housing, and Urban Affairs during a confirmation hearing last week. Democrats said Kraninger is not qualified for the top position in the powerful consumer agency. They hammered on her involvement with the Trump administration’s immigration policy that separates children from their parents and the response to ...
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