September 26, 2017
Safeguarding The CFPB’s Arbitration Rule
I was one of the many signatories of this letter to Senators Crapo (R-ID) and Brown (D-OH) opposing H.R. Res. 111/S.J. Res. 47, “which would block the Consumer Financial Protection Bureau’s new forced arbitration rule.” the 423 signatories all agree … Continue reading
September 26, 2017 in Regulation | Permalink | No Comments
September 25, 2017
Getting CAMELS Past Regulators
Bloomberg BNA Banking Daily quoted me in Court Asked to Second-Guess Bank Capital, Earnings, Risk Ratings (behind a paywall). It reads, in part, A now-shuttered Chicago bank is taking on the proverbial giant in a fight to give banks the right to … Continue reading
September 25, 2017 in Regulation | Permalink | No Comments
July 7, 2017
Holding Servicers Accountable
I submitted my comment to the Consumer Financial Protection Bureau regarding the 2013 RESPA Servicing Rule Assessment. It reads, substantively, as follows: The Consumer Financial Protection Bureau issued a Request for Information Regarding 2013 Real Estate Settlement Procedures Act Servicing Rule … Continue reading
July 7, 2017 in Regulation | Permalink | No Comments
July 6, 2017
The CFPB Makes Its Case
The Consumer Financial Protection Bureau released its Semi-Annual Report. Given that the Bureau is under attack by Republicans in Congress and in the Trump Administration, one can read this as a defense (a strong defense, I might editorialize) for the … Continue reading
July 6, 2017 in Regulation | Permalink | No Comments
July 3, 2017
Easy Money From Fannie Mae
The San Francisco Chronicle quoted me in Fannie Mae Making It Easier to Spend Half Your Income on Debt. It reads in part, Fannie Mae is making it easier for some borrowers to spend up to half of their monthly pretax … Continue reading
July 3, 2017 in Regulation | Permalink | No Comments
June 30, 2017
The Financial Meltdown and Consumer Protection
Larry Kirsch and Gregory D. Squires have published Meltdown: The Financial Crisis, Consumer Protection, and the Road Forward. According to the promotional material, Meltdown reveals how the Consumer Financial Protection Bureau was able to curb important unsafe and unfair practices that … Continue reading
June 30, 2017 in Regulation | Permalink | No Comments
June 26, 2017
FHFA’s Asks from Congress
The Federal Housing Finance Agency released its 2016 report to Congress. Of particular note are its legislative recommendations. The first is one that I and every other housing policy analyst has been saying for years. The second two are very … Continue reading
June 26, 2017 in Regulation | Permalink | No Comments
