The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Tag: Dave Uejio
CFPB Proposed Rule Focuses on Small Business Access to Credit
The Consumer Financial Protection Bureau on Wednesday proposed a new rule aimed at increasing transparency in the small business lending marketplace.
CFPB: Refi Loans Drove Increase in 2020 Closed-End Originations
The Consumer Financial Protection Bureau issued another report of its analysis of Home Mortgage Disclosure Act data on Thursday, noting closed-end mortgage originations, as well as applications, increased substantially between 2019 and 2020.
CFPB Report: Refi Loans Drove Increase in 2020 Closed-End Originations
The Consumer Financial Protection Bureau issued another report of its analysis of Home Mortgage Disclosure Act data on Thursday, noting closed-end mortgage originations, as well as applications, increased substantially between 2019 and 2020.
CFPB: Mortgage Servicers’ Pandemic Response Varies Significantly
The Consumer Financial Protection Bureau on Tuesday published a report detailing 16 large mortgage servicers’ COVID-19 pandemic response. The report showed a disparate response in call metrics, exit metrics and other measures.
CFPB: Credit Applications Mostly Recovered to Pre-Pandemic Levels
The Consumer Financial Protection Bureau published an issue brief showing consumer applications for auto loans, new mortgages and revolving credit cards had mostly returned to pre-pandemic levels by May.
CFPB Issues Rules on Transition as Federal Foreclosure Protections Expire
The Consumer Financial Protection Bureau on Monday finalized amendments to federal mortgage servicing regulations in response to federal foreclosure moratoria phasing out later this summer.
People in the News June 28, 2021
The White House appointed Sandra L. Thompson as Acting Director of the Federal Housing Finance Agency effective immediately.
Biden Administration Nominates Julia Gordon as FHA Commissioner; Dave Uejio as HUD Assistant Secretary
The Biden Administration on Friday nominated Julia Gordon as FHA Commissioner and announced Dave Uejio, who has been serving as Acting Director of the Consumer Financial Protection Bureau, has been nominated as HUD Assistant Secretary for Fair Housing and Equal Opportunity.
MBA, Lenders Seeks Clarity on Juneteenth Holiday Designation
With unusual speed and rare bipartisan agreement, Congress last week passed, and President Biden signed, legislation designating June 19—colloquially known as “Juneteenth”—a federal holiday, a move welcomed by Americans and supported by the Mortgage Bankers Association and thousands of businesses nationwide. But the speed of the designation—with Friday, June 18 designated a federal holiday—resulted in unintended consequences and disruption for the mortgage lending industry.