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Home » Topics » IMFnews » Regulatory

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Chopra Indicates CFPB Can't Help Much on Trigger Leads

December 1, 2023
Sam Manas
Asked about whether the Consumer Financial Protection Bureau could take further regulatory actions on trigger leads, Director Rohit Chopra indicated its authority over them was "somewhat limited."
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CFPB Funding Requests Near Statutory Cap

November 30, 2023
Sam Manas
As of Sept. 30, the CFPB had 1,677 employees, an increase of 55 employees from a year earlier and 237 more than in 2019.
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Former Senior FDIC Official Named New Leader of CSBS

November 30, 2023
Brandon Ivey
Brandon Milhorn was most recently the deputy to Travis Hill, vice chair of the Federal Deposit Insurance Corp.
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BofA Fined $12 Million for HMDA Misreporting

November 29, 2023
Sam Manas
The CFPB fined Bank of America $12 million for claiming mortgage applicants chose not to provide race, ethnicity and sex data when in reality applicants hadn't been asked about it.
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Analysis: How CFPB’s Chopra Spends His Time

November 28, 2023
Sam Manas
According to an Inside the CFPB analysis of CFPB Director Rohit Chopra’s executive calendar, he spent slightly more time with industry representatives than with consumer advocates in the first half of 2023.
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SEC Issues Final Rule Prohibiting Conflicts of Interest in Securitizations

November 28, 2023
Brandon Ivey
The rule aims to prevent issues involving securitization seen in the run-up to the financial crisis of 2008.
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Short Takes: MI Exempt From SEC Rule / BofA Providing Financing to Rocket / Blend Scales Back Financing / Climate Risk and Inequality

November 28, 2023
Brandon Ivey and Paul Muolo
Mortgage insurance linked notes will be exempt from a rule the SEC issued Monday on conflicts of interest in securitizations.
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CFPB Launches Pilot for Disclosures on Construction Loans

November 22, 2023
Sam Manas
The pilot was prompted by a request from the Independent Community Bankers of America.
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FHFA Formally Reduces Fee on Commingled Securities

November 22, 2023
Dennis Hollier
Several commenters argued that any capital requirement on commingled securities might interfere with the fungibility of the uniform mortgage-backed security.
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Nonbanks at Ginnie a Top Challenge for HUD

November 21, 2023
Monica Hogan
HUD's IG questioned whether Ginnie could relocate a troubled MBS portfolio from one issuer to another if the first is facing financial or operational challenges.
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