CFPB

Podcast E648: Some Worried About a Revived CFPB

Shannon HicksDecember 14, 2020December 14, 2020

by Shannon HicksDecember 14, 2020December 14, 20200266

Unable to use the embedded player? Listen here. Wallstreet isn’t the only one worried about a revived CFPB “Banks should be prepared for more aggressive enforcement and an expansion of the CFPB’s authority through its rulemakings,” said Rachel Rodman, a former CFPB lawyer who now represents banks as a partner

What you need to know about RM HMDA data

Shannon HicksSeptember 7, 2020September 8, 2020

by Shannon HicksSeptember 7, 2020September 8, 20202 720

5 Take-aways from the CFPB’s recent HMDA report The CFPB’s or Consumer Financial Protection Bureau’s most recent release of data from the 2019 Home Mortgage Disclosure Act or HMDA submissions is both enlightening and perplexing. If you’re unfamiliar with the Home Mortgage Disclosure Act it was created in 1975

Podcast E632: California plans to create its own CFPB

Shannon HicksAugust 24, 2020August 21, 2020

by Shannon HicksAugust 24, 2020August 21, 20200404

Unable to use the embedded player? Listen here. Show Summary Outside of lacking its own standing army, some argue that California is acting as an independent nation-state- that in the wake of several state mandates, some which directly contradict federal regulations. Well, the Golden State may be creating its own

Politics, Gridlock & CFPB Enforcement

Shannon HicksOctober 21, 2019October 21, 2019

by Shannon HicksOctober 21, 2019October 21, 20191921

Political gridlock, proposed changes & CFPB finding on HECM APRs We’re in the full swing of the political season as the 2020 presidential race is underway. In a recent LGBTQ Town Hall hosted by CNN on October 10th, former HUD Secretary Julian Castro called out the agency’s head Ben

Dodd Frank, Downsizing & Padding Loans

Shannon HicksMay 28, 2018May 25, 2018

by Shannon HicksMay 28, 2018May 25, 20183 764

Here are some reverse-mortgage related stories you may have missed...

Regulatory Rollback, State Pushback & Safer Loan

Shannon HicksApril 13, 2018April 13, 2018

by Shannon HicksApril 13, 2018April 13, 20182 837

Acting CFPB Director Mick Mulvaney said,“Regulation by enforcement is done. We’re not doing it anymore".

The Trump Era & The HECM

Shannon HicksMay 30, 2017May 26, 2017

by Shannon HicksMay 30, 2017May 26, 20171883

Good News for HECM, Not So Much for Housing Programs President Donald trump embodies the essence of a political wrecking ball in Washington D.C.- a city known to cling tightly to political traditions of governing and supporting long-standing social programs, despite our ballooning deficits. While the President weathers opposition from

Reverse Mortgage News Roundup

Shannon HicksMay 1, 2017May 2, 2017

by Shannon HicksMay 1, 2017May 2, 20173 1115

This Week’s Top Reverse Mortgage Stories 1- CFPB Complaints on the Rise- The CFPB has been busy collecting consumer complaints. The Consumer Financial Protection Bureau reports an increase of 172% increase in reverse mortgage-related complaints since 2012. One could guess that much of this is due to increased consumer awareness of

Reverse optimism, diversification, and uncertainty

HECM Mistakes- Guttentag

Here’s why 2021 may be a banner year

2020 in Review

Podcast E648: Some Worried About a Revived CFPB

What you need to know about RM HMDA data

Podcast E632: California plans to create its own CFPB

Politics, Gridlock & CFPB Enforcement

Dodd Frank, Downsizing & Padding Loans

Regulatory Rollback, State Pushback & Safer Loan

The Trump Era & The HECM

Reverse Mortgage News Roundup

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