Yemeng Yang

CFPB Names Illinois Regulator Enforcement Chief

October 7, 2019

Bryan Schneider, who previously led the Illinois Department of Financial and Professional Regulation, has been named associate director of the supervision, enforcement and fair lending division at CFPB.

Complaints About Credit Reports Surge

October 7, 2019

Yemeng Yang

Consumer complaints filed with the CFPB so far this year have increased due to a surge in gripes about credit reports, according to an analysis by Inside the CFPB.

HMDA: Denial Rates Vary Among Racial Groups, Lenders

October 7, 2019

Yemeng Yang

Denial rates on mortgage applications in 2018 show mixed trends among loan types, racial groups and lenders, according to an Inside the CFPB analysis.

Blend Shortens Pre-approval for Lender Clients

October 4, 2019

Yemeng Yang

The fintech company rolled out a new product to help simplify the pre-approval process for its lender clients.

Connecticut Call Center Lender, State in Licensing Dispute

October 4, 2019

Yemeng Yang

1st Alliance CEO John Dilorio disputed the interpretation, noting that unlicensed call center workers had no ability to choose a program, lock a mortgage rate, process underwriting findings or present loan terms to borrowers.