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Guest Opinion: The CFPB’s Approach to Mortgage Refinancing

Guest Opinion: The CFPB’s Approach to Mortgage Refinancing

by Rohit Chopra | Sep 10, 2024 | Current News & Events, Guest Opinion, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rohit Chopra is director of the Consumer Financial Protection Bureau (CFPB). This article is adapted and edited from a speech delivered yesterday at the National Housing Conference in Washington, DC. While we often focus on homeownership as a vehicle for accumulating...
15 Years Later: How the Subprime Mortgage Fiasco Gave Rise to the CFPB

15 Years Later: How the Subprime Mortgage Fiasco Gave Rise to the CFPB

by Rohit Chopra | Sep 26, 2023 | Current News & Events, Guest Opinion, Real Estate News, WRE News Exclusive

Fifteen years ago, in mid-September, Lehman Brothers collapsed and the financial system crashed. Troubles in the U.S. mortgage market infected the entire globe, and American families and businesses lost trillions of dollars and experienced an incalculable level of...

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