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Home » Authors » Yemeng Yang

Yemeng Yang

news@imfpubs.com
Articles

ARTICLES

Mortgage Servicing Violations After Disasters Red Flagged

March 2, 2020
Yemeng Yang
The CFPB’s latest supervisory highlight report red flags mortgage servicing violations, where firms failed to provide loss-mitigation notices in time after natural disasters.
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CFPB Proposes Disclosure of Time-Barred Debt

March 2, 2020
Yemeng Yang
Debt collectors must let borrowers know they will not be sued for a debt that is too old, according to a new proposal from the CFPB.
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Dem Presidential Contenders Promise to Strengthen CFPB

March 2, 2020
Yemeng Yang
It is widely expected that if a Democrat wins the presidential election, the new administration will once again strengthen the CFPB.
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CFPB’s Second in Command Johnson Joins Private Sector

March 2, 2020
Yemeng Yang
Brian Johnson, deputy director at the CFPB, has left the agency for a position at law firm Alston & Bird. His departure brings the tally of political appointees leaving the bureau to four.
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Small-Business Lending Rulemaking Gets a Kickstart

March 2, 2020
Yemeng Yang
A court settlement has forced the CFPB to outline proposed rulemaking on data collection requirements in the small-business lending space no later than September.
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CFPB Issues New TRID Guidance on Lender Credits

March 2, 2020
Yemeng Yang
The CFPB published new frequently asked questions on the disclosure and treatment of lender credits under the TILA-RESPA Integrated Disclosure rule.
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Other News in Brief

March 2, 2020
Yemeng Yang
CRA proposal comment period extended; enforcement against brokers charging high interest rates; CFPB advisory committee meetings; New York mortgage-related complaints; new servicing requirements.
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Strong 4Q Earnings for Mr. Cooper Aided by Deferred Tax Assets

February 28, 2020
Yemeng Yang
Mr. Cooper, the nation’s third largest residential servicer, reported strong earnings for the fourth quarter, aided by deferred tax assets and a mark-to-market gain.
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Fed Warns of Risks of Digital Targeted Advertising

February 28, 2020
Yemeng Yang
Officials from the Federal Reserve have warned about redlining and steering risks from digital targeted advertising, though it may be the best way for lenders to market their products.
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Benefits and Risks of Technology in Securitization

February 27, 2020
Yemeng Yang
Alternative data, machine learning, blockchain and document digitalization in securitization deals have the potential to improve credit quality, but they are untested and come with risks, says Moody’s.
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View All Articles by Yemeng Yang

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