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The appointees include two who helped create the bureau and two who served on the CFPB staff during the Obama administration.
The Federal Housing Finance Agency (FHFA) said the 2022 multifamily loan purchase caps will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.
The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.
The confirmation of Rohit Chopra as CFPB director has the mortgage industry anxious, but former MBA CEO David Stevens offers some advice: follow the rules.
Staunch compliance stances often lead to contradictory actions.
Shakes up CSS Board, appoints former Chicago Fed CEO Feldman as interim chairman
Ally of Sen. Elizabeth Warren survives 51-48 party-line vote to lead consumer bureau
Stepping down early amid criticisms of personal stock trades made during the pandemic
Open Market Committee also expects to raise federal funds rate a year earlier, in 2022
Agencies issue rule clarification after a mortgage lender refused to lend to an individual renting to a group home