3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

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Items Tagged with 'Elizabeth Warren'

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Sen. Warren publishes "A Fighting Chance"

Will this leave her sitting pretty, or judged as sitting bull?
April 22, 2014
The U.S. senator who helped birth the Consumer Financial Protection Bureau, who raised $43 million to run for senate while decrying money in elections, who allegedly practiced law without a license in Boston, and who many on the right nicknamed “Faux-cahontas” has written a book.
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From HW Magazine

The final rule

HW sits down with CFPB director Richard Cordray to discuss mortgages and the future
January 31, 2014
In an exclusive interview with HousingWire, CFPB director Richard Cordray said that there are enormous differences between heading up the CFPB and acting the the Ohio Attorney General. See what's in store for mortgage markets in our February cover story.
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5 reasons the CFPB needs a Congressional buffer

Why we need a go-between
January 28, 2014
The notion that the Consumer Financial Protection Bureau needs a board to oversee its activities is not popular within the agency. However, there are several reasons why such an entity could prove to be beneficial.
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CFPB Director Richard Cordray just told off the House Financial Services Committee

Yes, he has friends in manufactured housing
January 28, 2014
Consumer Financial Protection Bureau Director Richard Cordray appeared before the House Financial Services Committee this morning for his Semi-Annual report before Congress. Those of you who remember controversial CFPB hearings from the past are in for a real treat.
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Sen. Warren refuses to quit on banking oversight

Wants behind-the-scenes details on mortgage settlements
January 8, 2014
A bipartistan bill introduced by Sen. Elizabeth Warren, D-Mass., aims to bring hidden financial information tied to big banking settlements into the light. Sen.Tom Coburn, R-Okla., is Warren's co-sponsor on the bill.
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Sen. Warren sounds the alarm on irresponsible housing reform

Outlines five initiatives to transition the market with minimal impact
October 29, 2013
While Sen. Elizabeth Warren, D-Mass., made it crystal clear to a massive crowd that reform is ‘absolutely necessary,’ she urged Congress to act carefully because any hiccup in the creation of a new housing finance structure will be costly to middle-class taxpayers.
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Even the unemployed deserve FHA mortgage modifications

Senators say current system discriminates against the nation's elderly
September 11, 2013
Senators Tim Johnson and Elizabeth Warren sounded the alarm on FHA's current loss mitigation requirements, arguing there's no good justification for restricting access to the program based on the source of one’s income.
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Elizabeth Warren says mortgage settlement too lax on banks

August 22, 2013
Senator Elizabeth Warren, D-Mass., continues to question the effectiveness of the national mortgage settlement and wants answers from federal officials. In a letter to Attorney General Eric Holder, Warren accuses the national mortgage settlement of being too timid in its scope.
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Glass-Steagall becomes the ghost of Christmas Past

Why the law may never live again ...
August 21, 2013
It's been well over a decade since Congress repealed the Glass-Steagall Act, otherwise known as the law that kept banks from commingling their commercial and investment businesses. A few supporters want the act revived, but such a feat may prove too difficult.
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Elizabeth Warren pushes two-tiered banking regulation

June 13, 2013
Community banks represented 95% of all banking organizations in 2011 but represented only 14% of all the banking assets in the nation. However, community banks held...
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