Major mortgage originators like Bank of America and Citigroup are still sitting on substantial stocks of depressed homes, while regulators are upping the heat on those involved in the subprime mess during the glory years, limiting credit availability.

FORBES: Housing Recovery Firming, But Don't Expect A Return To Pre-Crisis Growth

In my previous article I did some math on FHA portfolios at three of the largest loan originators, Bank of America (BAC), JP Morgan (JPM) and Wells Fargo Corp. (WFC).

FORBES: FHA Will Cost Taxpayers $150 Billion

Without a director, the CFPB cannot oversee payday lenders, private student loan providers, and other non-bank lenders, including certain mortgage originators and servicers, as well as debt collectors and credit reporting agencies.

WHITEHOUSE: The White House