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Home » Authors » Yemeng Yang

Articles by Yemeng Yang

Mortgage-Related Events Canceled Due to Coronavirus

March 12, 2020
Yemeng Yang
The list of mortgage industry-related conferences called off due to concerns tied to the spread of the coronavirus is growing day by day.
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Mortgage-Related Conferences Canceled Due to Coronavirus Concerns

March 6, 2020
Yemeng Yang

Two mortgage-related conferences scheduled in March were canceled due to concerns over coronavirus spread. 


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Retail Woes Continue to Put CMBS at Risk

March 5, 2020
Yemeng Yang
Continued retail store closures put billions of dollars in commercial MBS at risk. Fears of coronavirus outbreak added even more pressure.
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SCOTUS Divided on CFPB Fate

March 5, 2020
Yemeng Yang
There seems to be no clear consensus among the Supreme Court justices hearing the case challenging the constitutionality of the Consumer Financial Protection Bureau.
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Mortgage Servicers in a Race Against the Clock

March 5, 2020
Yemeng Yang
Industry players are asking the NYDFS to delay new mortgage servicing rules that go live in less than two weeks. Servicers say they are not ready.
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Servicers Singled Out by the CFPB for Loss-Mitigation Shortcomings

March 4, 2020
Yemeng Yang

However, the violations were, in part, due to an unexpected surge in applications following natural disasters, the bureau noted.


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Post Oral Arguments, the CFPB’s Future Hangs in the Balance

March 4, 2020
Yemeng Yang

Justice Kavanaugh stuck mostly to his already-established views: The for-cause removal provision is unconstitutional, and should be severed from the statute. Many of Kavanaugh’s questions centered on the severability of the provision.


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DOJ Tells the High Court: Save the CFPB for its ‘Critical Work’

March 3, 2020
Yemeng Yang

It is rare for Republicans, who have been critical of the bureau’s regulatory actions in the past, to praise the work of the consumer regulator.


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CFPB Constitutionality Case Gets its Day in Court

March 2, 2020
Yemeng Yang
The U.S. Supreme Court this week will hear oral arguments on whether the leadership structure of the CFPB is constitutional.
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DOJ Urges SCOTUS to Preserve the CFPB

March 2, 2020
Yemeng Yang
Though it believes the CFPB’s leadership structure is unconstitutional, the Department of Justice in a new reply brief urged the Supreme Court to preserve the bureau for its “critical work.”
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