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CFPB Enforcement Activity Down 61% (That's Correct) in FY22

February 22, 2023
Sam Manas
The CFPB provided “conflicting data” about investigations opened in fiscal years 2014 through 2016, the attorney said...
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HFSC Republican Leadership Slow to Act on Housing Issues

February 17, 2023
Dennis Hollier
Still no sign of Republican activity on the housing finance front, despite their new majority in the House.
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Freddie Abruptly Postpones Earnings Release

February 15, 2023
Dennis Hollier
The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.
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Short Takes: Applications Decline / FHA Considering Revisions to Rehab Program / CHLA Critical of ‘Duplicative’ Proposal from CFPB

February 15, 2023
Brandon Ivey
Rising interest rates take another bite out of loan applications.
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HFSC Chair Considered Pragmatic, Affable Despite Rhetoric

February 14, 2023
Dennis Hollier
After years spent in opposition, House Financial Services Committee Chair Patrick McHenry, R-NC, has used recent hearings to criticize various housing policies brought under Democrats.
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Non-QM Program, Three Years Dead, Haunts Sterling Bank

February 14, 2023
Brandon Ivey
Investigations by the Department of Justice and Securities and Exchange Commission linger over Sterling Bank & Trust's non-QM program closed in 2019.
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Hsieh's Latest Revelation: I Was Fired by the loanDepot Board

February 9, 2023
Paul Muolo
loanDepot insiders have been dumping their stock in the lender. But not Hsieh.
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A Huge YOY Spike in CFPB Complaints

February 7, 2023
Sam Manas
On an annual basis, the increase in gripes regarding credit reporting are even more imposing.
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Dismissed: The CFPB's First Redlining Lawsuit Against a Nonbank

February 6, 2023
Sam Manas
Townstone argued that the ECOA’s prohibitions on discrimination against applicants don’t apply to prospective applicants.
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MBA Chief Broeksmit: LLPA Grids are Complicated, Complex

February 3, 2023
Dennis Hollier
The new pricing grids from FHFA boast 216 "cells"...
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