Government

While speculation of a June rate hike by the Fed persists, St. Louis Fed President James Bullard discussed two possibilities for the Fed to take on the normalization of monetary policy.

Why does a federal watchdog believe that non-bank servicers, who now service a majority of HAMP loans, need more oversight from federal regulators?

HUD made its first allocations through the National Housing Trust Fund this week. How much was allocated and where will the money be going?

The Consumer Financial Protection Bureau proposed a rule on Tuesday regarding businesses' use of arbitration clauses in contracts. What does the rule include?

Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?

In an effort to address fair housing activities, HUD has announced that it is making a multi-million dollar grant available to organizations that advocate against discriminatory acts in the housing market.

Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.

The proposal is prescribed by section 956 of Dodd-Frank. What impositions would the proposal place on certain financial institutions?

Lawmakers’ efforts to chip away at the Dodd-Frank Wall Street Reform and Consumer Protection Act have come almost exclusively from the Republican side of the aisle—until now.

The CFPB has proposed a ban on the use of arbitration clauses that prevent consumers from bringing class action suits against businesses. A coalition of more than 160 groups, including AFL-CIO and NAACP, wants the Bureau to take the rule even further, however.