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Home » Authors » Yemeng Yang

Articles by Yemeng Yang

Foreclosure Threat Looms But May Not Be as Bad as 2008

July 16, 2020
Yemeng Yang
The number of pandemic-induced foreclosures may not be as high as following the 2008 housing crisis due to the different nature and condition of the current economic downturn, according to industry experts.
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Senators Question OCC's Preemption on State Foreclosure Relief

July 10, 2020
Yemeng Yang

The democratic senators asked the OCC to acknowledge the legality of the agreements already reached by banks with state and local agencies.


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CMBS June Delinquencies Near All-Time High

July 9, 2020
Yemeng Yang
The delinquency rate on commercial MBS could still be headed higher, but with smaller increases, according to industry experts.
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Short Takes: A Good Week for Remote Online Notarization / MISMO Certifies First Two RON Products / FICO’s Resilience Index / CFPB’s New No. 2

July 9, 2020
Yemeng Yang

Remote online notary services have gained momentum during the coronavirus pandemic. This week, DocuSign announced it has acquired Liveoak Technologies...


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OIG Suggests CFPB Expand Nonbank Monitoring

July 9, 2020
Yemeng Yang

In a new report, the CFPB’s Inspector General has recommended the bureau tailor its resources to monitor institutions based on risk and expand monitoring of nonbanks.


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CFPB Regulatory Agenda Heavy on Mortgage Industry

July 9, 2020
Yemeng Yang
The agency announced an ambitious agenda of new rules on TRID, loan officer compensation and the ATR standards.
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CFPB and FHFA Wrestle with SCOTUS Decision

July 8, 2020
Dennis Hollier and Yemeng Yang
By ruling the CFPB single-directorship unconstitutional, the Supreme Court had set in motion a myriad of future legal and political changes for the bureau and other federal agencies, like the FHFA.
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Short Takes: SCOTUS Upholds Robocall Ban / Zillow Resumes Homebuying in More Markets / Foreclosure Threat Grows / Consumer Financial Protection Week

July 7, 2020
Yemeng Yang

The Supreme Court upheld a law banning cellphone robocalls, striking down a debt-related exception created by Congress in 2015...


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Packed CFPB Rulemaking Agenda in Fall

July 7, 2020
Yemeng Yang

With the clock ticking down to the presidential election and the Supreme Court ruling the CFPB’s leadership structure unconstitutional, the bureau is rushing to check certain items off its rulemaking agenda.


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Tappable Equity Hit All-Time High in First Quarter

July 7, 2020
Yemeng Yang

However, homeowners have shown little interest in accessing the available equity through cash-outs.


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