The CFPB has been without a Director for a year, following the resignation of Richard Cordray to pursue his unsuccessful bid to become Ohio’s governor. Kraninger, who is Associate Director of the Office of Management and Budget (OMB) was confirmed in August by the Senate Banking Committee in a 13-12 vote along party lines.
The Senate is expected to vote on Kraninger’s confirmation during the next week. Mick Mulvaney, the OMB Director, has served as CFPB Acting Director since Cordray’s departure.
National Mortgage Professional magazine celebrates the accomplishments of the top originators.
There’s no doubt 2021 was a good year to be an originator. But for some outstanding loan officers it was a great year. National Mortgage Professional magazine celebrates the accomplishments of the top originators by total dollar volume who shared their success with us. It’s ...
Embrace the family, be nurturing, and understand the cash mentality
We have witnessed the tremendous buying power of Hispanics as their homeownership rates skyrocket. And yet, many Spanish-speaking customers run into roadblocks when it comes to financing. According to the National Association of Hispanic Real Estate Professionals, Latinos ex...
The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.