Here's what the Financial Services Committee and CFPB Director Kathleen Kraninger discussed as part of her semiannual report.
Read More »How Fannie and Freddie Work to Prevent Foreclosures
Most of the foreclosure prevention actions taken by the GSEs have been permanent loan modifications as total refinance volume have increased.
Read More »President Trump on Opportunity Zones: ‘It’s All Working’
“Jobs and investments are pouring into 9,000 previously neglected neighborhoods thanks to Opportunity Zones, a plan spearheaded by Sen. Tim Scott,” President Donald Trump said at the 2020 State of the Union Address.
Read More »Financial Services Committee Chair Denounces Volcker Rule Changes
In a statement, Congresswoman Maxine Waters called the proposals to "reconsider this and every other senseless attack on the Volcker Rule."
Read More »Why GSE Advisor Represents an ‘Important Milestone’
Tim Rood of the Collingwood Group said privatization of Fannie Mae and Freddie Mac could have implications to home values.
Read More »HUD Proposes Changes to Expedite Construction of Manufactured Housing
Secretary Dr. Benjamin Carson said the current recommendations “remove more of the red tape” that stands between the production of more housing.
Read More »Volcker Rule Adjustments Ahead
The Fed is proposing some shifts to Volcker Rule regulations. Here's how you can submit your commentary and thoughts.
Read More »Executive Restructuring For the CFPB
The Bureau’s Operations Division will have a new Chief Information Officer and Chief Procurement Officer.
Read More »Fed Keeps Interest Rates Steady
The Federal Open Market Committee will be looking at global economic indicators when determining its next rate decision.
Read More »Financial Services Committee Voices Opposition to Changes to CRA
Chairwoman Maxine Waters said updates to the bill would turn it into the “Community Disinvestment Act.”
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