Tag Archives: Government

Some of the industry’s greatest minds discuss the lessons they learned during the housing crisis, and how it’s shaping their stance on housing policy today. Editor’s Note: This story was originally featured in the April issue of DSNews, out now.

Housing and housing finance reforms, especially for the underserved, will be top of the agenda at the ninth annual Five Star Government Forum on Tuesday in Washington, D.C. Leaders in mortgage banking and the federal government will engage and have ...

It’s been a decade since the housing crisis of 2008. As the present administration looks at rolling back some of the more stringent regulations that were introduced during that time to protect homes and homeowners, the regulatory framework is also ...

As companies brace themselves for what a prolonged shutdown could mean, Ginnie Mae announced on Sunday that its operations will continue despite the shutdown

The mortgage industry is likely to see some immediate and far-reaching effects if the Senate does not reach enough votes to extend the Federal Budget to February 16.

With the federal funding running out on Friday and a potential government shutdown looming, expect to see an impact on the mortgage industry. Access to tax documents and other government paperwork may prove difficult in the event of a shutdown. CNBC noted that “non-essential” employees, such as those that process paperwork through the Internal Revenue Service, would be furloughed during a shutdown, causing roadblocks for those applying for mortgages.

Jeb Hensarling first introduced the Financial CHOICE act last summer, in response to the 2010 Dodd-Frank act. The president’s team has already indicated support of the Financial CHOICE Act, which, among other things, would modify aspects of Dodd-Frank and help to reform the Consumer Financial Protection Bureau.

According to the Federal Open Market Committee, the economy is expected to expand at a moderate pace, which could spark a rate increase sooner than anticipated. This question will be answered at the FOMC meeting this week.

Cuts of $6 billion to HUD budget would prevent big-ticket repairs to public housing and reduce number of vouchers for low-income families. The plan would also cut HUD salaries by 5 percent.

The case, as previously reported by DS News, sees New Jersey-based lender PHH Corp. trying to overturn a $109 million penalty issued by the CFPB in June 2015 over alleged violations of the Real Estate Settlement Procedures Act.