All Posts in "Real Estate News" Category

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What is Trump’s true plan for the CFPB?

The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau (CFPB) suggests that, despite the “delete” rhetoric around the bureau, the consumer watchdog isn’t going to be de-fanged and sent to the kill shelter just yet. McKernan, a well-respected, veteran financial regulator with prior stints at the Treasury Department, Federal Housing Finance Agency…

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…