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Housing bubble crash: A Valentine’s Day reality check

Happy Valentine’s Day to all the housing bubble dreamers! It’s been over a decade that many of you have been waiting for a repeat of the 2008 housing crash, hoping for a market shake-up. Today, however, the latest Household Debt and Credit Report from the Federal Reserve Bank of New York may not be the…

CFPB supervision of IMBs requires serious reform, CHLA says

If there are winds of change at the Consumer Financial Protection Bureau (CFPB), small and midsized nonbank mortgage lenders are hoping to slip the clutches of the consumer watchdog they say is, in many ways, duplicitous and unnecessary. In a letter sent Wednesday to CFPB acting director Russell Vought, the Community Home Lenders of America…