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Home » Authors » Yemeng Yang

Articles by Yemeng Yang

Debt Collection Law Covers Mortgage Debt in California

October 21, 2019
Yemeng Yang
California enacted an amendment clarifying that mortgages are covered under the state’s debt collection law.
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House Dems Question CFPB Enforcement Actions

October 21, 2019
Yemeng Yang
CFPB Director Kathy Kraninger was grilled by Democratic lawmakers regarding enforcement actions during hearings on Capitol Hill. Other topics such as fair lending, innovation policies and qualified-mortgage patch were also on the agenda.
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CFPB Hopes to Modernize Regulations. Mortgages on its ‘To Do’ List

October 18, 2019
Yemeng Yang

Richard Gottlieb, a partner at Manatt, Phelps & Phillips, called the task force development huge.


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CFPB Constitutionality Case Not on SCOTUS Review List

October 17, 2019
Yemeng Yang
A case challenging the consumer watchdog’s constitutionality was not listed for SCOTUS review on Tuesday. Meaning?
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CFPB’s Task Force to Identify Regulatory Gaps

October 17, 2019
Yemeng Yang
The bureau is creating a task force to research and analyze federal consumer financial laws, including mortgage-related regulations.
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LendingClub Launches New Platform for Institutional Investors

October 17, 2019
Yemeng Yang
The online marketplace’s new platform for institutional investors to purchase unsecured consumer loans is aimed at increasing liquidity.
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Fannie HQ Building Serves as Collateral in CMBS Deal

October 17, 2019
Yemeng Yang
Carr Properties is sponsoring a single-asset, single-borrower CMBS backed by a loan on a building that hosts Fannie Mae’s new headquarters.
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Short Takes: Democrats Question CFPB Chief on Enova / Elizabeth Warren, Good for Mortgage Rates? / Leon Cooperman’s Ocwen Bet / A Positive Reading on New Business / A Big Promotion at Quicken

October 16, 2019
Yemeng Yang and Paul Muolo

Look out below: Investor/hedge fund titan Leon Cooperman said on CNBC Wednesday morning that if Sen. Elizabeth Warren, D-MA, is elected president the stock market will fall by 25%...


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Lenders Seek to Reverse CFPB Enforcement Actions

October 10, 2019
Yemeng Yang

The lender argued that a financial institution that is subject to a pending enforcement action by an unconstitutionally structured agency is entitled to meaningful relief.


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CMBS Sector Expected to Weather the Slowing Economy

October 10, 2019
Yemeng Yang
The commercial MBS sector will show steady performance in a slowing economy during the fourth quarter, according to rating agencies.
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