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Volume 25 - Number 4

February 17, 2014

Debt Limit Maneuvers Force House GOP to Regroup on Bureau Bills

House Republicans had planned on voting on a package of CFPB-related legislation last week, but were forced to regroup after deliberations related to the federal government’s debt limit took center stage. An aide to Republicans on the House Financial Services Committee told Inside the CFPB that the GOP leadership plans to push another vote by the end of the month. It looks like the dominant legislative vehicle will be H.R. 3193, the Consumer Financial Freedom and Washington Accountability Act, legislation which reflects the texts of several...

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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