Eight years after the passing of the Dodd Frank act, Chris Dodd and Barney Frank discuss the impact of the act. How has their opinion of their Act changed in this time?
Read More »The Week Ahead: Spotlight on Economic Trends
The Federal Reserve will release data from its Beige Book on Wednesday, which presents a summary of economic conditions and activities. Here’s what else is happening in The Week Ahead.
Read More »500 Days in the Housing Industry
As the Trump administration celebrates 500 days in office this month, take a look at the key legislation and nominations that have impacted the industry during this time.
Read More »‘Improving Transparency and Accountability at CFPB’
In April, CFPB Acting Director Mick Mulvaney had recommended steps to improve the “transparency and accountability” at CFPB. Here’s what the Financial Services Committee discussed at a hearing on Wednesday on these reforms.
Read More »House Bill Would Streamline Volcker Rule
The push to streamline reforms put in place after the financial crisis continues as the House of Representatives has passed a new bill that would streamline the Volcker Rule. Implemented as part of the larger Dodd-Frank Wall Street Reform and ...
Read More »Senate Set to Review Dodd-Frank
The bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act is now headed to the full Senate for debate, including provisions that would modify significant elements of the Dodd-Frank act.
Read More »Risk Change Since Dodd-Frank
A recent article took a deeper look at the change in risk in trading operation since the implementation of Dodd-Frank. See how numbers compare to 2009.
Read More »GSE Capital Put to the Test
Earlier today, the FHFA released the results of the Enterprises’ Dodd-Frank Stress Tests—as well as the total expected draw both companies will take from the Treasury. How does it all add up?
Read More »CFPB Assesses Effectiveness of Mortgage Servicing Rule
Currently, the Bureau is seeking comment from consumers, consumer advocates, housing counselors, mortgage loan servicers, industry representatives, and the general public regarding the RESPA mortgage servicing rule, and will issue a report of their assessment by January 2019. The rule, introduced in January 2013 and which took effect in January 2014, was designed to assist consumers who were behind on mortgage payments. Among other things, the RESPA mortgage servicing rule requires servicers to follow certain procedures related to loss mitigation applications and communications with borrowers.
Read More »CHOICE Hearing Highlights Political Divide
The House Financial Services held its second hearing on the Financial CHOICE Act today, and what resulted was a deepening of party lines. Heated arguments between representatives on both sides of the aisle took place, with one Democrat even calling the bill the "Wrong Choice Act."
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