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 Regulation | Permalink | No Comments
May 1, 2017
Patenaude To Help Lead HUD
Realtor.com quoted me in ‘Ultimate Housing Insider’: Pam Patenaude Nominated as HUD Deputy Secretary. It reads, Pam Patenaude was nominated by President Donald Trump to become deputy secretary of Housing and Urban Development, according to a White House statement released on Friday. The move … Continue reading
May 1, 2017 in Regulation | Permalink | No Comments
April 27, 2017
Community Bankers and GSE Reform
The Independent Community Bankers of America have release ICBA Principles for GSE Reform and a Way Forward. Although this paper is not as well thought-out as that of the Mortgage Bankers Association, it is worth a look in order to … Continue reading
April 27, 2017 in Regulation | 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 Regulation | Permalink | No Comments
April 25, 2017
Budding GSE Reform
The Mortgage Bankers Association has released a paper on GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market (link to paper on this page). This paper builds on a shorter version that the MBA released a few months ago. Jim … Continue reading
April 25, 2017 in Regulation | 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 Regulation | 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 Regulation | Permalink | No Comments
