American Banker | CFPB’s QM Rule Under Scrutiny After Dust-up over Bank Statement Loans

Stephen Ornstein is quoted on the conflicting deadlines for loans backed by Fannie Mae and Freddie Mac to comply with the Consumer Financial Protection Bureau’s Qualified Mortgage standard.

Stephen Ornstein comments on the U.S. Supreme Court’s review of the constitutionality of the Consumer Financial Protection Bureau’s leadership structure and whether a ruling against the agency might also invalidate the leadership structure of the Federal Housing Finance Agency.

Stephen Ornstein is quoted on the Consumer Financial Protection Bureau’s shift from enforcement to supervision.

Stephen Ornstein comments on Kathy Kraninger’s nomination to become the permanent director of the Consumer Financial Protection Bureau.

Stephen Ornstein comments on the benefits to the financial services industry due to expected changes in how the Consumer Financial Protection Bureau operates under new leadership.