• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Senators Push for QRM Matching Dodd-Frank Intent

Three of the senators who helped frame parts of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010 have again written to financial regulators asking them to respect the intent of the legislation.  Kay Hagan (D-NC), Johnny Isakson (R-GA) and Mary Landrieu (D-GA) sent a letter on Thursday to the heads of the six agencies which are formulating the qualified residential mortgage rule (QRM) of Dodd-Frank.  QRM will

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CPFB Announces Implementation Plan to Help Lenders Comply

The Consumer Financial Protection Bureau (CFPB) today announced five steps it will take to assist the mortgage industry to comply with new consumer protection rules going into effect in January 2014. “Our plan is to work with the mortgage industry to ensure that the CFPB‘s new rules are implemented accurately and expeditiously,” said CFPB Director Richard Cordray. “Both consumers and industry will win when the new rules are understood, applied, and

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Potential Fallout of Cordray’s CFPB Appointement being Invalidated

This is the second of two installments (part 1) summarizing a seminar given by Ballard Spahr, a national law firm, to explain the possible ramifications of a recent Appeals Court ruling invalidating three recess appointments to the National Labor Relations Board.  Noel Canning v NLRB has direct application to the appointment of Richard Cordray as director of the Consumer Financial Protection Bureau which occurred at the same time as the

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Senator Introduces CFPB Reform Bill to Replace Cordray with Five-Member Commission

Senate Republicans have fired the first two shots in a renewed battle over the Consumer Financial Protection Bureau (CFPB).  President Barack Obama recently submitted the name of Richard Cordray, who has served as CFPB director since January 2012, for full Senate confirmation to the post.  He had recess-appointed Cordray when Senate Republicans made it clear they would not confirm anyone, regardless of their qualifications, to the post. On Friday Senate Minority

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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