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Home » Authors » Yemeng Yang

Yemeng Yang

news@imfpubs.com
Articles

ARTICLES

State Roundup: NJ Changes Servicing Laws; MLO Transition

January 6, 2020
Yemeng Yang

Investors in mortgage servicing rights must obtain a license in New Jersey; the Mortgage Bankers Association has urged Georgia to repropose certain portions of its proposal implementing temporary authority for LOs; New York enacts “zombie” property remediation law.


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Other News in Brief

January 6, 2020
Yemeng Yang
CFPB releases annual adjustment of asset-size thresholds under HMDA and TILA; CFPB issues financial literacy annual report for fiscal 2019; progressive groups call on Supreme Court Justice Brett Kavanaugh to recuse himself from the CFPB constitutionality case; the New Civil Liberties Alliance files lawsuit challenging the CFPB’s funding mechanism.
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Startup Offers Home Equity Alternative Without Debt

January 3, 2020
Yemeng Yang
A Boston-based startup that provides an alternative to a traditional home equity loan raised $100 million to fuel its nationwide expansion.
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FDIC Voices Concerns Over Leveraged Lending Risks

January 2, 2020
Yemeng Yang
In a new supervisory insights report, the FDIC raised concerns about the continuing weakening credit structure of leveraged loans.
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CFPB Constitutionality Battle May Disrupt Mortgage Industry

January 2, 2020
Yemeng Yang
Some trade groups urged the Supreme Court to pursue a narrow remedy if the CFPB’s structure is found unconstitutional, in order to prevent market disruption.
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CFPB Finds Problems with Credit Reporting by Mortgage Servicers

December 31, 2019
Yemeng Yang

The report focuses on supervisory findings from exams the bureau conducted in the areas of consumer reporting and furnishing of information…


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What the CCPA Means for the Mortgage Industry

December 31, 2019
Yemeng Yang

In general, the CCPA allows California residents to know and access what information businesses collect on them...


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Short Takes: Buying Into a Shrinking Market? / A Game of 22 (GSE) Questions / The GSEs: Big Earners by This Measurement / 30-Year-Old Servicing Systems? / Regulatory Woes for CA?

December 19, 2019
Paul Muolo and Yemeng Yang

After all, who wants to invest in a shrinking (GSE) business? Something to think about…


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HFSC Will Let the CFPB Address QM Underwriting Issues

December 19, 2019
Yemeng Yang

At issue is the Self-Employed Mortgage Access Act of 2019, H.R. 2445, introduced by Rep. Tom Emmer, R-MN.


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CRA Reform Proposal to Target Mortgage Activity

December 19, 2019
Yemeng Yang

The proposed changes to the Community Reinvestment Act are intended to prevent banks from receiving credit on mortgages to wealthy people living in low-income areas.


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View All Articles by Yemeng Yang

Latest Imf News

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Featured Data

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

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