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
February 23, 2018
The Budgetary Impact on Housing Finance
The MIT Golub Center for Finance and Policy has posted some interesting infographics on The President’s 2019 Budget: Proposals Affecting Credit, Insurance and Financial Regulators: The White House released the President’s budget proposal for fiscal year 2019 on February 12, just days … Continue reading
February 23, 2018 in CFPB | Permalink | No Comments
February 22, 2018
Ditching the CFPB’s System of Adjudication
Mick Mulvaney is continuing his work of dismantling the Consumer Financial Protection Bureau as we have known it. His latest is the issuance of a Request for Information Regarding Bureau Rules of Practice for Adjudication Proceedings. Section 1053 of the … Continue reading
February 22, 2018 in CFPB | Permalink | No Comments
