The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...
In a show of bipartisanship, work on reforms in the credit bureau industry kicked off this week, with legislation circulating and the House Financial Services Committee’s hearing testimony from CEOs of three major rating agencies.
The industry is considering adopting block-chain technology in structured finance for its purported advantages, but S&P Global Ratings has expressed concerns that the nascent nature of the technology may introduce new risks to securitizations.
State regulators went on the offense last week, contending week contended that the Consumer Financial Protection Bureau lacks authority to create a regulatory fintech sandbox.