A Kinder, Gentler, CFPB?
February 10, 2018
It is no secret I have a fair amount of animus toward the CFPB, which, since its creation in 2010, regarded itself as “the new
It is no secret I have a fair amount of animus toward the CFPB, which, since its creation in 2010, regarded itself as “the new
As with much that the CFPB does these days, there is some that is good, some bad, and some, just plain ugly. And for a
In the July 23, 2015 Wall Street Journal, former Senator Phil Gramm, wrote about the “double whammy” effect of Dodd-Frank (here). First, it “…has hit
Background. It wasn’t that long ago, circa 2010, housing advocates were lobbying for tougher new laws to rein in the abuses of the easy money
August 1, 2015 is showtime! That’s the date that the TILA/RESPA integrated disclosures rules (“Rules”) go into effect, compliments of the ubiquitous Consumer Financial Protection
“Bureaucracy destroys initiative. There is little that bureaucrats hate more than innovation, especially innovation that produces better results than the old routines. Improvements always make
I have been critical of the Consumer Finance Protection Bureau (“CFPB”) for many things, but providing good easy-to-understand information is not one of them. The
“24% of all purchase loans have a debt-to-income ratio greater than the CFPB’s Qualified Mortgage rule limit of 43% [of debt to income], a new
In a November 25, 2014 article by Adam D. Maarec of Davis Wright Tremaine, my old alma mater, posted here, he notes that attorneys general
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
