Daily Dose

The U.S. Senate Committee on Banking, Housing, and Urban Affairs rolled out another confirmation hearing Thursday morning for two roles in the financial sector: Joseph Otting, who was nominated for Comptroller of the Currency; and the Honorable Randal Quarles was nominated to be a Member of the Board of Governors of the Federal Reserve System and Vice Chairman for the Supervision of the Board of Governors.

What companies are merging, who’s moving up, and who’s moving on? See some industry highlights in The Industry Pulse.

New rankings list the 10 worst U.S. cities to live in. Considering the factors the list takes into account, they’re likely the worst places to invest in, too.

Buying a home is an exciting time for most homebuyers, but could current trends point to irresponsible spending? And might that get borrowers in trouble down the line?

The Office of the Inspector General has recently audited a HUD single-family note sales program. Read on to see where the program was lacking and the office’s recommendation.

Foreclosures are down to a fifth of 2010’s numbers, but a few markets in the U.S. have shown signs of unsustainable over-evaluations. Take a look at what Grant Bailey, Head of Fitch North America RMBS Rating Group has to say about RMBS in the Video Spotlight.

Fannie Mae and Freddie Mac have transferred billions in mortgage credit risk this year. But how much exactly have they moved?

The Fed votes on the fate of the federal funds rate once again today. What came of it this time?

Amidst a serious push by Republicans in Congress to restructure—or even dismantle the CFPB, Pennsylvania recently joins other states that have taken steps to double down on consumer finance laws to protect citizens from financial scams. Attorney General Josh Shapiro ...

Fannie Mae and Freddie Mac backed mortgages are hitting a 15-year high, according to a recent report. However, this is one of the few rates that increased—and that’s a good thing.