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Home » Authors » Yemeng Yang

Articles by Yemeng Yang

CFPB Issues Long-Awaited Debt-Collection Rule Proposal

May 7, 2019
Yemeng Yang

The CFPB proposed a new debt collection rule, hoping to clarify such issues as how many calls a week a collector can lawfully make...


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Other News in Brief

May 6, 2019
Yemeng Yang

House Committee Considers 36% Cap on Payday Loans

May 5, 2019
Yemeng Yang

While the CFPB has proposed to ease its payday lending rule, a House Financial Services subcommittee is considering an interest rate cap on payday loans.


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Public Input on Remittance Rule Requested. Exemptions an Issue?

May 3, 2019
Yemeng Yang

The CFPB is seeking public input on possible changes to the remittance rule, such as raising the exemption threshold.


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TRID Guidance on Mortgage Assumptions

May 3, 2019
Yemeng Yang

The CFPB has issued guidance in the form of a fact sheet on the applicability of the integrated mortgage disclosure rule to mortgage loan assumptions.


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UI Wants Full Multifamily HMDA Data Disclosure

May 3, 2019
Yemeng Yang

The institute has called for full public release of multifamily lending data collected for 2018. Meanwhile, the CFPB said it will retire its HMDA explorer tool in the coming months.


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New York Creates CFPB-like Division; New Policies to Follow

May 2, 2019
Yemeng Yang

The New York Department of Financial Services has created a regulator akin to the CFPB, stepping up statewide consumer financial protection.


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Proposal to Raise HMDA Reporting Thresholds

May 2, 2019
Yemeng Yang

The CFPB late last week proposed to exempt more lenders from collecting and reporting loan-level data under the Home Mortgage Disclosure Act.


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Foreign Investment Spikes in U.S. Multifamily Segment

May 2, 2019
Yemeng Yang

Foreign investor interest in the U.S. multifamily sector has spiked in recent years, and has pushed values higher and increased liquidity. The only problem: The properties might be overvalued.


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RESPA Cases Revived Against Zillow, Lenders

May 1, 2019
Yemeng Yang

Zillow failed to win an early dismissal of a suit alleging its co-marketing program violated RESPA. Separately, a group of lenders including Bank of America will face revived kickback claims under RESPA.


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