“There is potential for them to issue more guidance, and we hope it to be the right guidance that’s consistent with 40 years of the RESPA law,” said Kenneth Trepeta…

Fed researchers examined data before and after July 2011, when the CFPB began operation…

The new ruling raises the likelihood that the Supreme Court might take up the issue in the future.

Law professor J.W. Verret on Kathy Kraninger: “She doesn’t have experience with financial markets…”

The CFPB is considering cutting off public access to the complaint database, which was launched in 2012 under former Director Richard Cordray.

Mick Mulvaney: “If you are doing something less than one-tenth of 1 percent of the time, maybe it’s evidence of a lack of criminal intent…”

JMP likes the higher profit margins that accompany non-QM lending…

Acting CFPB Director Mick Mulvaney sent a list of questions to both sides on May 11 asking for recommendations on the case proceeding.

Former CAB board member Adam Levitin said he, “sure made out” with the free coffee, pastries, and box lunches.

Interim CFPB chief Mick Mulvaney: “We are still closely associated with Sen. Elizabeth Warren. We are her baby. That’s not where a gold-standard regulator should be.”