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Home » Authors » Yemeng Yang

Articles by Yemeng Yang

Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan

March 6, 2019
Yemeng Yang
Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...
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First-Time Homebuying Servicemembers Prefer VA Loans, Says CFPB

March 5, 2019
Yemeng Yang
The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...
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Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

March 5, 2019
Yemeng Yang
Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...
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Feds and Florida Seek to Merge Ocwen Lawsuit

March 4, 2019
Yemeng Yang
Seeking a merger of the complaints, federal and state regulators now believe their cases overlap sufficiently regarding questions of law and fact…
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Bipartisan Credit Bureau Overhaul Begins

March 1, 2019
Yemeng Yang
In a show of bipartisanship, work on reforms in the credit bureau industry kicked off this week, with legislation circulating and the House Financial Services Committee’s hearing testimony from CEOs of three major rating agencies.
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S&P Cautions About Risk in Blockchain Technology

March 1, 2019
Yemeng Yang
The industry is considering adopting block-chain technology in structured finance for its purported advantages, but S&P Global Ratings has expressed concerns that the nascent nature of the technology may introduce new risks to securitizations.
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ATTOM: Fewer Home Flips but More Borrowed Money

February 28, 2019
Yemeng Yang
Translation: fewer loan units but a higher dollar volume.
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CFPB Fair Lending Activity Is More Supervisory Focused These Days

February 27, 2019
Yemeng Yang
During the reporting period, the bureau initiated 13 fair lending supervisory actions targeting financial services institutions.
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CFPB Plans Supervisory and Enforcement Budget Cuts

February 26, 2019
Yemeng Yang
The new CFPB director wants to keep cutting the agency’s budget…
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State Regulators Oppose CFPB Sandbox Proposal

February 22, 2019
Yemeng Yang
State regulators went on the offense last week, contending week contended that the Consumer Financial Protection Bureau lacks authority to create a regulatory fintech sandbox.
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