Beginning October 13, 2017, Federal Reserve Vice Chairman Stanley Fischer will be stepping down from his position.

Tax reform is one of the major ticket items on the current administration’s agenda, a measure that Congress hopes to tackle now that they are back from summer recess. However, two groups of professionals in the housing industry could stand to lose.

With the Director of the Consumer Financial Protection Bureau, Richard Cordray’s, term coming to an end next year, there has been a lot of discussion on whether or not the Ohio native will make a run for the governorship, despite remaining silent on the matter.

The 115th Congress reconvened on Tuesday after the summer recess, and will have to hit the ground running if they are going to accomplish the items on the agenda in time for September's close.

DS News sat down with John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, to talk about compliance with Federal Housing Administration loans, delinquency risks, and more in this exclusive interview.

Next Thursday, September 7, the Senate Banking Committee on Banking, Housing, and Urban Affairs will convene to hold an executive session to vote on the nominations of Joseph Otting to be Comptroller of the Currency, and the Honorable Randal Quarles to be member of the Board of Governors of the Federal Reserve and Vice Chairman for the supervision of the board of governors.

The Federal Communications Commission (FCC) is considering creating a database made of reassigned numbers that companies and robocallers can use to prevent dialing ones no longer used by consumers who gave permission to receive these types of calls. Doing so, ...

McCalla Raymer Leibert Pierce, announced the addition of Doug Oliver as Member and Managing Partner for Illinois Foreclosure. Oliver was previously a partner at the firm Anselmo Lindberg Oliver, LLC in Naperville, Illinois.

Mortgage Contracting Services announced that the company has completed its Service Organization Control, Type # SOC 2 examination. The examination was administered by the CPA firm, Schellman & Company, LLC.

Department of Housing and Urban Development Secretary Dr. Ben Carson took part in an interview to discuss HUD’s response to Hurricane Harvey, the looming vacancies in his staff, and recent criticism of his department.