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Kathy Kraninger’s BCFP Nom—Industry Reactions

President Trump recently nominated Kathy Kraninger, an associate director at the Office of Management and Budget, to succeed Mick Mulvaney as Director of the Bureau of Consumer Financial Protection. With a week to let the news settle, how has the industry reacted to her nomination?

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Trump Administration Sets Forth Plan to End GSE Conservatorship

In a report released by the Executive Office of the President, the administration recommended significant changes to Fannie Mae and Freddie Mac, including ending their conservatorship and reducing the role of the GSEs in the market.

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CFPB vs. PHH Dismissed: RESPA Enforcement Implications

A years-long legal battle between the Bureau and PHH, centering on accusations of illegal kickbacks, recently ended with the Bureau dismissing the case. What does this case signify for RESPA enforcement going forward?

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Why the Pennsylvania Anti-Blight Bills Make Good Sense

abandoned zombie home

Two key bills amending Title 68 of the Pennsylvania Consolidated Statutes were passed on Tuesday. Here's why the bills that are aimed at combating urban blight are so important.

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Pennsylvania Passes Key Bills to Combat Urban Blight


Two key housing bills, HB 653 and 657 amending Title 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes were signed by Governor Tom Wolf today.  The bills are aimed at combating urban blight and expediting foreclosure processes for vacant ...

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How Are Mortgages Performing in 2018?

mortgage loans performance

A new report from the Office of the Comptroller of the Currency examines mortgage performance as of Q1 2018. Click through to learn more about current foreclosure rates, prevention actions, and other data crucial to the servicing landscape.

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Fighting ‘Unconstitutional Foreclosures’ in Motor City


A new study accuses the city of Detroit of targeting low-income residents with inflated property tax assessments over the past decade, putting many of them in the crosshairs of foreclosure. Click through to read more about the case and its implications.

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Ginnie Mae Mortgage-Backed Securities Issuance Approaches Milestone

Ginnie Mae MBS

The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.

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Will Kraninger Succeed Mick Mulvaney as CFPB Chief?

The White House has said that it intends to nominate OMB’s Associate Director, Kathy Kraninger to succeed Mulvaney but she’s likely to face a tough vote in the Senate. Here’s why.

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