The House Financial Services Committee has scheduled a series of full committee hearings starting this week to mark the fifth anniversary of the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, according to an announcement from the Committee. The first ...

National Appraisal Congress has announced the formation of the Society of Young Appraisal Professionals, an NAC subcommittee focused on addressing the declining workforce in the residential valuations space. The new subcommittee's focus will be on actively recruiting, educating, and promoting ...

Witnesses presented new evidence at a recent House Subcommittee hearing that the Consumer Financial Protection Bureau discriminated against its employees and retaliated against the whistleblowers. Thursday's hearing was the fourth in which the CFBP's employees or former employees have testified of ...

The U.S. Supreme Court ruled on Thursday by a 5-4 vote in the case of Texas Department of Housing and Community Affairs v. The Inclusive Communities Project that disparate impact claims can legally be brought about under the Fair Housing Act of 1968. ...

The Consumer Financial Protection Bureau has announced a proposed amendment to the Know Before You Owe mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure rule, which would move the effective date of the rule to Saturday, October 3, 2015. According to CFPB, the ...

The Five Star Institute has announced the launch of the American Mortgage Diversity Council, a member organization comprised of industry leaders and advocates focused on shaping the diversity agenda for the mortgage industry. The AMDC's goal is to drive results that ...

The May 2015 First-Time Buyer Mortgage Risk Index for agency loans reached a series record of 15.66 in May, an increase of half a percentage point from the previous three months and 1.1 percentage points from May 2014, according to data released Monday by ...

Just two weeks after being upgraded by Moody's Investor Service and being placed Standard & Poor's CreditWatch list for a downgrade, S&P cut Ocwen Financial's rankings for residential mortgage prime, subprime, special, and subordinate-lien from Average to Below Average. S&P said that it believed "regulatory ...