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Home » Topics » IMFnews » Regulatory

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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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HMDA Reporting a Compliance Issue for Banks

November 21, 2023
Sam Manas
Companies’ boards and senior management need to “recognize the inherent risk of the HMDA process” and provide human and capital resources to it, according to the Fed.
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Cenlar Still Working to Resolve Consent Order With OCC

November 16, 2023
Paul Muolo
It was originally thought that publicity generated by the consent order would cause at least some of Cenlar’s subservicing clients to switch vendors. But so far, that hasn’t happened.
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Complaints to CFPB About Credit Reports Increase

November 15, 2023
Sam Manas
Complaints submitted to the CFPB increased by 8.7% on a quarterly basis.
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Chopra Raises Concerns About Appraisal Management Companies

November 14, 2023
Sam Manas
CFPB Director Rohit Chopra focused on the interplay between appraisal management companies and how much appraisers are paid.
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