News

The truth is that the CFPB, through its Qualified Mortgage rule and its ever-expanding debt-to-income (DTI) ratio, has enabled the granting of mortgages that exceed home buyers ability to pay ...
It's striking to see the Consumer Financial Protection Bureau try to give money to a mortgage lender, instead of trying to ...
Since it was originally founded in the wake of the 2008 financial crisis, the Consumer Financial Protection Bureau (CFPB) has been a chief figure in the regulatory enforcement of the mortgage ...
Although it’s always been important to fully understand the terms of a loan when taking out a mortgage, that may take on even greater importance if the CFPB is diminished. Still, the home loan ...
“Vanderbilt Mortgage does not want anyone to buy a home they cannot afford — when a loan defaults, Vanderbilt incurs significant financial losses,” the company's statement said. The CFPB — one of the ...
The CFPB has cut 17% of its employees under the Trump administration ... A key success under McArdle was the once-contentious ability to repay/Qualified Mortgage rule, which revised lending standards ...
Time seems to be running backwards at the Consumer Financial Protection Bureau (CFPB). The agency is going back in time, dismissing pending cases and even ...
Even so, these kinds of debts on credit reports have led to thousands of mortgage applications being denied when those people would have had no problem making those house payments. CFPB's former ...
What do National Mortgage Professional readers have to say about a potential downsizing or even elimination of the Consumer Financial Protection Bureau (CFPB)? We asked, and NMP readers told us. And ...
The bureau identified the redlining case against Townstone Financial as “abusive” and “unjust” and plans to make the company ...