Yemeng Yang

JPMorgan Chase has issued its first ABS transaction backed by credit card receivables through Chase Issuance Trust since May 2018. A wildcard to the deal, however, is a pending lawsuit involving the issuance trust.

Nonbanks Grab the Mantle on Social Media, Banks Not So Much

February 19, 2020

Yemeng Yang

Most megabanks are mum on their social media policy as it pertains to residential loan officers…

Short Takes: Still Pending: The RoundPoint Deal / Top Concerns for Mortgage Execs? / Will Others Follow? / A Larger CFPB Budget / CFPB Veteran Departs

February 18, 2020

Paul Muolo and Yemeng Yang

According to industry consultant Joe Garrett, a spot poll was conducted at the recent Independent Mortgage Bankers Conference, showing that mortgage executives have two key concerns these days: loan officer retention and mortgage banker conversion to brokers.

Lawmakers Question Abusiveness Standard, QM Revision

February 18, 2020

Yemeng Yang

During a congressional oversight hearing, House Financial Services Committee members grilled CFPB Director Kathy Kraninger on the bureau’s interpretation of the abusiveness standard, plans to reform the qualified-mortgage rule and the controversial RESPA bulletin.

CFPB Increases Fiscal Budget by 14%, Eyes Hiring

February 18, 2020

Yemeng Yang

The consumer watchdog hiked its budget for 2020, taking its spending to levels last seen in 2017.

Dems Seek Suspension of CFPB Consumer Law Task Force

February 18, 2020

Yemeng Yang

Two top Democrats on the Senate Banking Committee are pressing for the immediate suspension of a newly-formed task force on federal consumer law.

CFPB Launches Surveys to Gauge TRID Rule Impact

February 18, 2020

Yemeng Yang

The bureau has released three surveys as part of its review of the integrated mortgage disclosure rule. According to comments received so far, the industry seeks clarity in the rule’s timing requirements.

Yemeng Yang

ARTICLES

SCOTUS to Hear CFPB Constitutionality Case

CFPB’s Second in Command Departing for the Private Sector

Fed Stress Tests Focused on Leveraged Loan Risk

JPMorgan Issues First Credit Card ABS in Two Years

Nonbanks Grab the Mantle on Social Media, Banks Not So Much

Short Takes: Still Pending: The RoundPoint Deal / Top Concerns for Mortgage Execs? / Will Others Follow? / A Larger CFPB Budget / CFPB Veteran Departs

Lawmakers Question Abusiveness Standard, QM Revision

CFPB Increases Fiscal Budget by 14%, Eyes Hiring

Dems Seek Suspension of CFPB Consumer Law Task Force

CFPB Launches Surveys to Gauge TRID Rule Impact

Latest Imf News

10-Year Treasury Rate Tops 5.1%, Hitting Lenders

Production and Servicing Income Decline in Second Quarter

CHLA Highlights Freddie’s Limited MBS Purchases for Pulte

UWM Offers Expedited Underwriting Option; Chat App

Featured Data

Banks Continue to Add to Their ABS Portfolios

Jumbo Share of Originations Highest Since 2022

Warehouse Lenders Fighting for Share in Tough Market

Banks’ Mortgage Income Down in First Half

Featured Reports

Mortgage Servicing Rights Report: 2Q26 (PDF)

Agency Seller-Issuer Profile: 2Q26 (PDF)

Mortgage Profitability Report 2Q26 (PDF)

IMF HMDA Dashboard: 2025

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?