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Tag Archives: Government

The Policy Makers

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.

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Collaborating for a Sustainable Housing Industry

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 ...

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The Mortgage Market in the Potential Government Shutdown

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.

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Revised Financial CHOICE Act to Come Soon

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.

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D.C. Circuit Rejects Intervention in CFPB Case

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.

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