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Home » Topics » IMFnews » Regulatory

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Consumer Supervision Division Shakeup Raises Eyebrows

October 29, 2020
Yemeng Yang

Afterward, the enforcement office’s policy and strategy team personnel and functions will be moved to a new division...


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Washington Federal (Again) Fined for HMDA Reporting Errors

October 28, 2020
Yemeng Yang

Washington Federal has not yet been released from a 2013 consent order with the CFPB for violating HMDA and Regulation C.


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Amid the Pandemic, Consumer Complaints Reach an All-Time High

October 27, 2020
Yemeng Yang

The top three in the complaint category: Experian, Transunion and Equifax...


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SCOTUS Receives Last Major Brief in the (GSE) Collins Case

October 26, 2020
Dennis Hollier

Nielson’s friend of the court filing is tightly reasoned and well organized. However...


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DOJ Unveils Guild FHA Legal Settlement

October 23, 2020

In settling with the FHA charges with government, Guild did not admit liability...


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Guild Goes Public, Stock Struggles in Reduced Offering

October 22, 2020
Paul Muolo

All totaled, McCarthy will take home $97.5 million today compared to $161.5 million, the high end of the range published last Thursday...


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On Schedule: The GSE ‘Adverse Market’ Fee, Due Dec. 1

October 22, 2020
Dennis Hollier

David Brickman, Frater’s counterpart at Freddie, expressed similar sentiments: “Costs have changed. Risks have changed. We’ve put in place an appropriate and prudent response to that change in the external environment for us to support struggling homeowners.”


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Dems Raise Questions About Lack of Restitution in VA Mortgage Settlements

October 21, 2020
Maria Volkova

Between July and September, the bureau entered into consent orders with eight VA lenders over deceptive marketing practices. Overall, the CFPB assessed $2.8 million in civil penalties but provided no restitution to harmed consumers.


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Caliber IPO Could Top $538 Million, Most of it Going to Lone Star Affiliate

October 21, 2020
Paul Muolo

The shares are slated to begin trading on the NYSE under the symbol HOMS next Thursday, Oct. 29. The lead book runner on the IPO is Credit Suisse.


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It's Official: CFPB Extends GSE Patch

October 20, 2020
Yemeng Yang

During the comment process, industry groups suggested the CFPB create an overlapping period of three to six months between the sunset date of the patch and the implementation of its replacement. However, the CFPB did not adopt the suggestion...


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