Americans want to buy homes and they want to buy them as an investment option. According to a study on homebuyers by NerdWallet, a personal finance website, 75 percent Americans say that buying a home was a priority for them. ...
Read More »CFPB Ruled Constitutional—What Now?
In a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the District of Columbia Circuit ruled Wednesday that the ...
Read More »The State of the Housing Industry
As President Trump will present his State of the Union address to the Senate this evening, what is the State of the Housing Industry? With home prices that show no signs of decreasing, changes in leadership at the Consumer Finance ...
Read More »Mulvaney Requests Zero Funding for CFPB in Q2
The Acting Director of CFPB has told the Federal Reserve that the agency does not need new funds to operate in Q2. Find out why here...
Read More »Supreme Court Case Could Shift Future of CFPB
The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear the case of Lucia v. Securities and Exchange Commission, which ...
Read More »District Judge Sides With President Trump on CFPB Director
A federal judge appointed by President Trump has delivered the administration a legal victory with a decision supporting the President’s choice for head of the Consumer Financial Protection Bureau. U.S. District Judge Timothy J. Kelly refused Wednesday to block President ...
Read More »CFPB’s Laurie Maggiano: Looking Back at an Industry Icon
Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the Consumer Financial Protection Bureau (CFPB). Having served more than four years at ...
Read More »Kirsten Sutton Mork Named CFPB Chief of Staff
With Kirsten Sutton Mork recently named Chief of Staff, we take a look at what this may mean for the future of the Bureau.
Read More »New Year Brings New Homeowner Bill of Rights Requirements
Riddled throughout California’s Homeowner Bill of Rights are the words “repealed” effective “January 1, 2018”. If loan servicers assume that means the entire HOBR will be repealed and that all they have to worry about is complying with the CFPB loss mitigation rules—think again.
Read More »Court Clears Path for Mulvaney at CFPB
With a Washington U.S. District Court denying Leandra English’s request for a restraining order, Mick Mulvaney cleared one obstacle along his path as Acting Director of the Consumer Financial Protection Bureau. However, legal avenues remain for English.
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