Mortgage companies and the new regulatory regime

By Kat Aaron

Everyone knew it was coming. With all the turmoil in the American financial system, a push for re-regulation was inevitable. The Obama admin

Excerpts from this story referencing "non-bank lenders":

"… the states would remain “the first line of defense” for supervision of non-bank lenders. But enforcement of the major fair lending laws, including the Truth in Le …"

"… d the creation of a Financial Products Safety Commission.Regulation of the non-bank lenders may be a bit late: 9 of the 11 non-depository mortgage companies featured …"

More mortgage fraud reporting?

By Kat Aaron

Nonbank mortgage lenders would have to file reports of suspected fraud for the first time, under a new proposal issued Wednesday by the Fina

Excerpts from this story referencing "non-bank lenders":

"… that to date, there has been a “regulatory gap” regarding oversight of non-bank lenders, which may have made them “more vulnerable to financial crime and money …"

The roots of the financial crisis: Who is to blame?

By John Dunbar and David Donald

Banks that financed subprime industry collecting billions in bailouts

Excerpts from this story referencing "non-bank lenders":

"… mortgage business was less reliant on subprime lending than that of the non-bank lenders. But most of the big investment banks also purchased subprime loans made b …"

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Government bans robocalls? Not so much

By Ben Protess

FTC ban on telemarketing doesn't extend to insurance companies, telephone carriers, politicians or charities

Excerpts from this story referencing "non-bank lenders":

"… nto effect on Sept. 1, the commission has limited jurisdiction. While non-bank lenders, auto warranty companies, sweepstakes businesses and other telemarketers n …"

GOP senators' position on Consumer Financial Protection Bureau aligned with industry

By John Dunbar

Industry lobby pushing for same changes to consumer finance bureau as GOP senators

Excerpts from this story referencing "non-bank lenders":

"… banks have gotten plenty of attention in recent years, but the actions of non-bank lenders often escape serious scrutiny.Over the past year, iWatch News has reported …"

New consumer finance watchdog vows to regulate predatory lenders

By Corbin Hiar

New consumer finance chief pledges to keep payday lenders in check

Excerpts from this story referencing "non-bank lenders":

"… Senate. Without a director, the agency did not have the power to regulate non-bank lenders.Members of the Washington press corps in attendance seemed more interested …"

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Finance industry makes up nearly half of pro-Romney super PAC’s donations

By Alexandra Duszak and Rachael Marcus

America's wealthiest investors fill coffers of pro-Romney super PAC.

Excerpts from this story referencing "non-bank lenders":

"… the rest came from investment banks and other asset managers. So-called “non-bank lenders” that run storefront cash-for-title and payday lending operations gave t …"

"… Payday lenders for Romney? Restore Our Future has also benefited from non-bank lenders that make payday loans, title loans and operate check cashing services. Do …"

Watchdog 4/2/12

Watchdog

Excerpts from this story referencing "South Carolina":

"… ormat, big things happen.State legislators in Delaware, Michigan, Ohio and South Carolina are proposing new ethics reforms based on our new survey of state transpar …"