The Lede
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CFPB’s English Sues Trump Administration to Block Mulvaney Appointment
American Banker, Nov. 26, 2017--Kate Berry (subscription)Leandra English, the deputy director of the Consumer Financial Protection Bureau, sued the Trump administration late Sunday to block the appointment of Office of Management and Budget Director Mick Mulvaney as interim director of the consumer agency.
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Safe as Houses? Both GOP Tax Bills Undermine the Mortgage Interest Deduction
Washington Examiner, Nov. 26, 2017--Joseph LawlerWhatever happens with Republican tax reform, the mortgage interest deduction is in trouble.
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The Economy Is Humming, but Businesses Aren’t Borrowing
Wall Street Journal, Nov. 26, 2017--Christina Rexrode (subscription)The rate of 12-month loan growth at U.S. banks in the third quarter hit its lowest level since the end of 2013, according to data released last week by the Federal Deposit Insurance Corp. That marked the sixth consecutive quarter of decline for this measure of loan growth.
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Lenders Mine Demographic Data to Expand Their Reach
National Mortgage News, Nov. 24, 2017--Bonnie Sinnock (subscription)As consumer demographics continue to change, lenders that effectively manage them will set themselves to maximize their outreach to their evolving customer base long term.
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Housing’s Biggest Questions Going into 2018
HousingWire, Nov. 24, 2017--Kelsey RamirezWhat's up with tax reform? Who are some to the housing industry's newest leaders? What is changing from this year to the next? What's up with the CFPB?
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October’s Servicing Transfers Sink
Mortgage Daily, Nov. 22, 2017Servicing transfers last month tumbled from September as a result of a massive sale the previous month by the home-lending unit of Citigroup Inc.
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Equifax Breach Already Taking a Toll on Consumers
Washington Post Writers Group, Nov. 25, 2017--Kenneth R. HarneyThe scenario that personal finance and credit experts feared most about the heist of consumer data from Equifax already may be underway.
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20 Mortgage-Related Events Over Next 90 Days
Mortgage Daily, Nov. 24, 2017--Sam GarciaOver the next three months, 20 mortgage-related conferences, forums and workshops are scheduled to take place. Topics to be covered include bankruptcies, mergers and acquisitions and reverse mortgage technology.
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Quick Takes: Small Lots, Water Views, Credit Scores
UEXpress, Nov. 24, 2017--Lew SichelmanBuilding sites for single-family houses hit a record high last year, even as lots were the smallest ever, according to data from the Census Bureau's Survey of Construction.
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