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Home » Topics » IMFnews » Regulatory

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Nonbanks Face Complications With CFPB’s Required Registry

December 17, 2024
Shannon Clark
Chris Willis, a partner at the law firm of Troutman Pepper, said the rule is “complex” and has caused a lot of “confusion and misunderstanding.”
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Short Takes: ‘No Meaningful Decline’ Expected for 10-Year / Confidential Report on Basel III / Demand Increases for Purchases of New Homes / Homesteading Proposal

December 17, 2024
Brandon Ivey
Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.
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Industry Cheers Revisions to Suspended Counterparty Rule

December 16, 2024
Dennis Hollier
The re-proposal elicited just three comments, unlike the flood unleashed by the initial proposal.
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Commission Changes on Home Sales Causing Confusion for Sellers and Buyers

December 16, 2024
James Dohnert
Bottom line: The court-approved change is causing confusion for both buyers and sellers.
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Short Takes: Waters to Remain Ranking Member of HFSC / Chopra Defends CFPB Actions / MCT to Pilot Use of FICO 10 T / HEL Tool From ICE

December 12, 2024
Brandon Ivey
The California Democrat vows to fight to maintain consumer protections.
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Short Takes: Frustration, Optimism on Trigger Leads / Planet Financial’s Debt Offering Upsized / Negative Outlook for Rocket / Rocket’s CES Securitization Slows

December 11, 2024
Brandon Ivey
Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.
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CFPB Data Broker Proposal Could Impact Mortgage Lending

December 10, 2024
Shannon Clark
The proposed rule will ensure protections from the Fair Credit Reporting Act apply to sensitive information, including information sold by data brokers.
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Rocket Files Lawsuit Against HUD on Appraiser Independence

December 5, 2024
Brandon Ivey
Rocket sees conflicts in government policies for appraiser independence.
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Short Takes: Planet Financial Group Plans Debt Offering / Little Demand for ARMs / Regulators Taking More Comments on Burdens / Rithm Shifts on Expanded-Credit MBS

December 4, 2024
Brandon Ivey
Fitch assigned a B rating to the planned $400 million senior unsecured debt issuance from Planet Financial Group.
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CFPB Activity Up Ahead of Change in Administration

December 3, 2024
Shannon Clark
At the end of fiscal 2024, the bureau had 1,758 employees, up 5% from a year earlier.
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