Urban Institute: Qualified Mortgage impact overblown

Urban Institute: Qualified Mortgage impact overblown

New rules have only slightly slowed mortgage lending

WATCH: Former Wells Fargo CEO calls BofA fine “extortion”

Kovacevich says fine is political and has “nothing to do with justice”

BofA reaches $16.65B settlement over "toxic waste" mortgages

Loans date back to Countrywide and Merrill Lynch
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Lending / The Ticker

Another battle over Richard Cordray is brewing

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U.S. Senate Democrats on Thursday rejected Republicans' calls to have a commission lead the Consumer Financial Protection Bureau, setting the stage for a brawl over the confirmation of CFPB director Richard Cordray, whose controversial recess appointment will expire at the end of the year.

Source: Law360
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