Justin Wiseman, Vice President and Regulatory Counsel at the Mortgage Bankers Association, joins RegFi co-hosts Jerry Buckley and Sherry Safchuk to discuss how housing availability and affordability have moved to the forefront of the national agenda. The conversation explores regulatory initiatives the new Trump Administration could take to enhance housing and mortgage credit availability and reforms advocated by the MBA to reduce closing costs. The group also assesses the potential impact of proposed AI-related legislation on the mortgage banking business and issues associated with bringing the GSEs out of conservatorship.

Links:

• Mortgage Bankers Association

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

Jane Barratt, Financial Data Exchange (FDX) co-board chair, joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt to share the role FDX will play as the first standard setting organization (SSO) approved by the CFPB pursuant to the 1033 Rule. The conversation explores the benefits of token-based APIs over screen scraping, the interdependence between digital identity, fraud prevention and data security, and the promise that secure data sharing holds for consumers and financial services providers alike.

Links:

• Financial Data Exchange

• MX Technologies

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

At no time in recent memory has consumer finance regulation faced more prospects for change. RegFi hosts discuss what could be in play for consumer finance in 2025, including the future of the CFPB, artificial intelligence, increased activity at the state-level, and a potential rethink of consumer finance regulation.

Links:

• RegFi Episode 49: CFPB’s 1033 Rule: Where to From Here?
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com

RegFi Co-Hosts Jerry Buckley, Sherry Safchuk and Sasha Leonhardt explore the implications of the CFPB’s recently proposed amendments to Regulation V that would apply the Fair Credit Reporting Act to data brokers. The conversation examines the Bureau’s purpose in proposing the rule and key changes, how this interpretation of the FCRA could have an impact well beyond data brokers, and the path forward for the proposed changes to Reg. V considering the expected change in CFPB leadership next year.

Links:

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

Brandon Milhorn, President and CEO of the Conference of State Bank Supervisors, joins RegFi co-hosts Sherry Safchuk and Jerry Buckley to share his perspective on the challenges facing community banks and the role of responsible regulation in fostering innovation and maintaining consumer confidence. The conversation explores the impact of AI on financial services, the benefits of standard-setting organizations to streamline third-party partnerships, and the need for accountability and deference in regulatory actions.

Links:

• Conference of State Bank Supervisors (CSBS)

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

The Majority Group Partner Anne Canfield joins Sasha Leonhardt and Jerry Buckley to explore legislative changes that could facilitate digital mortgages and cut thousands of dollars from the cost of mortgage origination. Anne, a long time Washington insider, also shares her perspective on potential legislative and regulatory developments to anticipate over the next few months.

Links:

• The Majority Group

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

Hosts Jerry Buckley and Sherry Safchuk sit down with Susan Milazzo, the CEO of the California Mortgage Bankers Association (CMBA), to discuss the current state and future of mortgage banking in California. As the voice of the mortgage banking industry in California, Susan offers a unique perspective on the challenges and opportunities facing mortgage bankers in the state.

Links:

• California MBA

• Orrick Financial & Fintech Advisory

• RegFiPodcast.com

Orrick Partner John Coleman joins the RegFi podcast for a conversation about what lies ahead for the CFPB’s finalized 1033 rule, including uncertainties created by litigation challenges, election results and the need for additional policy guidance and technical standards. The discussion also highlights key changes from the proposed rule, including extended compliance deadlines, threshold exemptions for smaller depository institutions, secondary use of consumer data and the role of standard-setting organizations (SSOs).

Additional 1033 Coverage:

• The CFPB’s Final Rule on Personal Financial Data Rights: What Financial Institutions Should Know (Orrick Insight)
• RegFi Ep. 22: Data Sharing and the 1033 Rule: An Industry Perspective with Ramon Gomez
• RegFi Ep. 5: The CFPB’s 1033 Rule in a Nutshell

Links:

• Orrick Financial & Fintech Advisory
• RegFiPodcast.com

Alex Acree, Chief Legal Officer at Unit, joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to explore the role that a financial services infrastructure company can play in the evolving delivery of financial services to consumers and businesses, strategies for innovative financial services startups to secure capital, and regulatory developments and challenges facing fintechs and banking-as-a-service providers.

Links:

• Unit Finance
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com

David Birch, an internationally recognized thought leader in digital identity and digital money, joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to discuss the evolution of financial services in the metaverse, the role AI and bots will play in managing consumer finances, and what the future holds for digital currencies.

Links:

• DGW Birch Website (dgwbirch.com)
• Brian Armstrong, Bots and Bank Accounts. Non-Human Customers Are Here (Forbes)
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com