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
W S
Lending / People Movers

Steve Antonakes named CFPB deputy director

Steve Antonakes

The Consumer Financial Protection Bureau named Steve Antonakes deputy director this week.

Previously, Antonakes had been serving as the acting deputy director of the CFPB and will continue to maintain responsibility for his duties as the associate director for supervision, enforcement. and fair lending at the CFPB.

Antonakes joined the CFPB in 2010 and brings over two decades of experience in the financial services sector.

"He has adeptly led—and will continue to lead— our supervision, enforcement, and fair lending teams," said CFPB Director Richard Cordray.

"Steve’s experience, his knowledge, and his judgment are vital in helping us achieve our mission of fostering a thriving, sustainable marketplace for both consumers and responsible businesses," he added. 

Comments powered by Disqus