May 4, 2017
Running Circles around the CFPB
Lauren Willis has posted The Consumer Financial Protection Bureau and the Quest for Consumer Comprehension to SSRN. It addresses an important subject — the cat and mouse game of the regulator and the regulated. The abstract reads, To ensure that consumers … Continue reading
May 4, 2017 in CFPB | Permalink | No Comments
April 26, 2017
Comparison Shopping Savings in Mortgage Market
Alexei Alexandrov and Sergei Koulayev of the Consumer Financial Protection Bureau have posted a working paper, No Shopping in the U.S. Mortgage Market: Direct and Strategic Effects of Providing Information to SSRN. The paper is the first to answer the … Continue reading
April 26, 2017 in CFPB | Permalink | No Comments
April 24, 2017
What is the Debt to Income Ratio?
OppLoans.com quoted me in What is the Debt to Income Ratio? It opens, One of the great things about credit is that it lets you make purchases you wouldn’t otherwise be able to afford at one time. But this arrangement only … Continue reading
April 24, 2017 in CFPB | Permalink | No Comments
April 21, 2017
Kafka and the CFPB
The Hill published my latest column, The CFPB Is a Champion for Americans Across The Country. It opens, Republicans like Sen. Ted Cruz (R-Texas) have been arguing that consumers should be freed from the Consumer Financial Protection Bureau’s “regulatory blockades and … Continue reading
April 21, 2017 in CFPB | Permalink | No Comments
April 19, 2017
How Tight Is The Credit Box?
Laurie Goodman of the Urban Institute’s Housing Finance Policy Center has posted a working paper, Quantifying the Tightness of Mortgage Credit and Assessing Policy Actions. The paper opens, Mortgage credit has become very tight in the aftermath of the financial … Continue reading
April 19, 2017 in CFPB | Permalink | No Comments
March 20, 2017
United States v. CFPB
The Trump Administration has filed an amicus brief in PHH Corp. v. CFPB. The case is schedule for an en banc hearing in May. The filing is particularly newsworthy because the Trump Administration is siding with PHH, a mortgage lender, … Continue reading
March 20, 2017 in CFPB | Permalink | No Comments
March 14, 2017
Gorsuch and the State of Administrative Law
I was interviewed by Harold O’Grady on his podcast for the BLS Library Blog about Supreme Court nominee Judge Gorsuch: This conversation with Brooklyn Law School Professor David Reiss focuses on his recent article Gorsuch, CFPB and Future of the Administrative … Continue reading
March 14, 2017 in CFPB | Permalink | No Comments
