Big Banks Whining That Fannie and Freddie Won’t Accept Their Toxic Loans Blindly Anymore

By: Friday October 5, 2012 10:26 am

Mitt Romney’s comments attributing the difficulty of getting a mortgage to Dodd-Frank QRM rules was really way off base. The rule is on track to be completed by the Consumer Financial Protection Bureau on the timeline set out in Dodd-Frank, by 2013. As it’s not in place now, it places no penalty on lenders to [...]

Democrats Join Bid to Provide Safe Harbor For Mortgage Brokers

By: Wednesday July 18, 2012 11:02 am

The Consumer Financial Protection Bureau proved today it can engage in some fairly strong enforcement. Lawmakers in both parties want CFPB to ensure that individual homeowners cannot do the same thing. At issue are CFPB rules on mortgages, the first of many that will set new standards in the industry. A group of House Republicans [...]

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