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After Monday’s release of the Treasury report on Core Principals of Financial Regulation, critics are saying the proposed changes will put the economy in great danger. Proponents feel the proper restructuring of regulation is imperative and applaud the Treasury’s report. Take a look at why as the industry reacts.

For homeowners, storm preparedness requires more than keeping a few cases of water on hand, though that is certainly a start. But the need for proper preparation definitely doesn’t apply only to homeowners. Damages can reach well beyond a storm’s physical path to impact all parties involved with a property. What steps can you take as an investor, aggregator, bank, or servicer to protect yourself and your interests this hail and hurricane season?

Quicken Loans was recently ranked the No. 1 large company to work for in the information technologies industry for the fourth year running. The added popularity of nonbank lenders in both the market and the employment sector has been attributed in part to not being tied down to the same regulations banks are and having more opportunities to originate different types of loans. By the end of 2016, six of the nation’s top 10 lenders were nonbanks.

Just as we’re looking at peeling back regulations like Dodd-Frank with last weeks CHOICE Act vote, a recent op-ed asked the provoking question “Does anyone remember how to make a subprime mortgage?” Of course, those in the mortgage industry remember well. Though they have dwindled in recent years, due to many blaming the 2008 crash in part on the mortgages, thoughts of honing in on an untapped market are gaining popularity again.

On Monday, a unanimous Supreme Court decision could have vast implications for the mortgage and loan industry, particularly the secondary market, unless the Fair Debt Collection Practices Act is amended by Congress. The petitioners brought their case in front of the Supreme Court in an appeal of the 4th Circuit Court ruling in favor of the respondent. Justice Neil Gorsuch delivered his first opinion since his conferral to the Court.

Recently, the April 2017 Consumer Credit report was released, revealing total consumer credit rising 2.6 percent. April marked the smallest increase in consumer borrowing in six years. Revolving and nonrevolving to household, family, and personal expense credit was covered.

CalyxSoftware announced that registration is now open for CalyxVision 18, the company’s second national user conference. CalyxVision offers the unique opportunity for lenders and brokers to receive Calyx software training. Attendees will learn practices from Calyx software experts to help increase their company’s productivity and maximize profitability.

ValuAmerica of Clayton Holdings LLC announced that it has acquired ValuEscrow, Inc., expanding its closing and escrow operations.

The Federal Open Market Committee and the Federal Reserve Board of Governors Board of Governors are set to meet Tuesday, June 13 and Wednesday, June 14, in Washington D.C.. It will be their fourth meeting of 2017. Janet Yellen, Chair of the Board of Governors, is scheduled to give press conference at 2:30 p.m. eastern time on Wednesday.

U.S. homeownership rates have been at a 50-year low despite improving local job markets and historically low mortgage rates. A recent report said there are five main barriers preventing a large number of individuals from purchasing a home: post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability, and single-family housing supply shortages. Industry professionals explain what needs to be done in order to reverse the problems at hand.