While the survey found that most respondents agreed that enthusiasm is high for the CFPB’s mission and that their supervisors respect and value individuals’ differences, more than a quarter of survey respondents had unfavorable views.
Read More »HUD Invests in Counseling for Foreclosure Prevention
The counseling that the money provides will help homeowners find housing, make more informed housing choices, or remain in their current homes if they are facing foreclosure.
Read More »Consumer Credit Default Picture Looks Brighter
The national credit picture took an upturn in May, as mortgage and consumer credit default rates ebbed from April numbers.
Read More »These Areas are Eligible for CRA Consideration
The Fed, OCC, and FDIC have released their 2016 list of nonmetropolitan middle-income areas deemed distressed or underserved and where revitalization or stabilization activities are eligible to receive Community Reinvestment Act consideration.
Read More »Fannie Mae to Market More NPLs to Non-Profits
Fannie Mae has put its fourth Community Impact Pool for sale via auction—a smaller pool of geographically-focused, high occupancy loans marketed specifically for participation from non-profits and MWOBs.
Read More »Clinton’s VP May Have Implications for Housing
With Hillary Clinton having nailed down the Democratic nomination for November’s election, speculation is running rampant about who she will pick to be her running mate.
Read More »No Recap and Release? How About Review and Reform?
It appears GSE reform may actually be on the horizon—or at least discussed regularly in Washington—thanks to a new bill proposed by Congressman French Hill (R-Arkansas).
Read More »Freddie Mac Works to Involve Private Investors More
Freddie Mac has been evolving its risk management framework and practices since it debuted its first official credit risk transfer program in 2009, and they just recently reached a milestone.
Read More »The Week Ahead: It’s Stress Test Time Again for Banks
The industry will find out on Thursday how the largest banks would perform under severely adverse economic conditions similar to those the country experienced in 2008.
Read More »What Crisis? Government Drops Case Against Mozilo
Nearly a decade of scrutiny from the U.S. government ended on Friday when federal prosecutors decided not to pursue their case against ex-Countrywide Financial CEO Angelo Mozilo.
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