Rep. Maxine Waters has issued a letter to the Chair of the SEC to move quickly to finalize its proposal to improve the quality of climate-related disclosures in the nation’s capital markets. Click through the read the details.
Read More »Agencies Issue Final Rule to Modernize the Community Reinvestment Act
Building on feedback from stakeholders and research, three federal agencies have issued updates to the 50-plus-year-old Community Reinvestment Act to strengthen and modernize its regulations to better achieve the purposes of the law.
Read More »Rep. Waters Expresses Concern Over AI Usage in Housing
In a letter to GAO Comptroller General Eugene Dodaro, Rep. Maxine Waters calls for an investigation into artificial intelligence and proptech in the housing space as a possible barrier to fair and affordable housing opportunities.
Read More »Yellen Reacts to Fitch Ratings Downgrade of U.S., GSEs
Precipitated by Fitch’s downgrade of the sovereign rating of the U.S., many in the industry voiced their opposition to the downgrade of Fannie Mae and Freddie Mac’s rating from 'AAA' to 'AA+.’
Read More »House Committee Examines LLPA Fee Structure
A House Financial Services Committee hearing featured industry experts dissecting the FHFA’s recent changes to the loan-level price adjustment fee structure used by the GSEs.
Read More »The Week Ahead: House Committee to Examine FHFA Actions
FHFA Director Sandra L. Thompson will testify before the House Financial Services Committee to discuss the latest measures taken by the Agency to execute its mission of maintaining the safety and soundness of the GSEs, and ensuring access to affordable and sustainable housing.
Read More »New CFPB Rule Impacts HMDA Reporting
Under a new order from the CFPB, loans reportable under the Home Mortgage Disclosure Act will not need to be reported under the new small business lending rule.
Read More »The Week Ahead: House Looks at CFPB Reform
The CFPB will be under the spotlight by the House Financial Services Committee at an upcoming hearing examining whether it's time to reform the Bureau.
Read More »Rep. Waters Addresses HUD’s Housing Assistance Payments
Rep. Maxine Waters, Chair of the Financial Services Committee, said HUD's draft solicitation could have a “negative impact” on the nation’s supply of affordable housing options.
Read More »Rep. Waters Expresses Housing Concerns Over Fed Rate Hikes
In a letter to Federal Reserve Chair Jerome Powell, Rep. Maxine Waters addressed the Fed’s recent rate hikes, the impact on the nation’s housing crisis, and the effects of ongoing inflation.
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