May 9, 2019
Financing The American Dream
I published Financing The American Dream in the May/June 2019 issue of the ABA’s Probate & Property magazine. it opens, Two movie scenes can bookend the last hundred years of housing finance. In Frank Capra’s It’s a Wonderful Life (RKO … Continue reading
May 9, 2019 in CFPB | Permalink | No Comments
August 17, 2018
Fintech and Mortgage Lending
The Trump Administration released its fourth and final report on Nonbank Financials, Fintech, and Innovation in its A Financial System That Creates Economic Opportunity series. The report differs from the previous three as it does not throw the Consumer Financial … Continue reading
May 7, 2018
Housing in the Trump Era
The Real Estate Transactions Section of the American Association of Law Schools has issued the following Call for Papers: Access + Opportunity + Choice: Housing Capital, Equity, and Market Regulation in the Trump Era Program Description: The year 2018 marks the … Continue reading
May 7, 2018 in CFPB | Permalink | No Comments
April 20, 2018
Rate-Lock Lock Out
Mick Mulvaney plays against type by signing off on a Consent Order with a billion dollar penalty for Wells Fargo. The Order stated that Wells, among other things, charged “fees for rate-lock extensions in connection with residential-mortgage lending” and violated … Continue reading
April 20, 2018 in CFPB | Permalink | No Comments
April 10, 2018
Taking Apart The CFPB, Bit by Bit
Mick Mulvaney’s Message in the CFPB’s latest Semi-Annual Report is crystal clear regarding his plans for the Bureau: As has been evident since the enactment of the Dodd-Frank Act, the Bureau is far too powerful, and with precious little oversight … Continue reading
April 10, 2018 in CFPB | Permalink | No Comments
March 2, 2018
The Regulation of Residential Real Estate Finance Under Trump
I published a short article in the American College of Real Estate Lawyers (ACREL) (ACREL) News & Notes, The Regulation of Residential Real Estate Finance Under Trump. The abstract reads, Reducing Regulation and Controlling Regulatory Costs was one of President Trump’s … Continue reading
March 2, 2018 in CFPB | Permalink | No Comments
February 27, 2018
Reducing Enforcement at The CFPB
Mick Mulvaney’s Consumer Financial Protection Bureau has released a Request for Information Regarding Bureau Enforcement Activities (available on the upper right corner of this page), its third in a series of RFIs that seek to dramatically restrict the Bureau’s activities. … Continue reading
February 27, 2018 in CFPB | Permalink | No Comments
