A letter sent to FHFA Director Mark Calabria outlines their concerns that stakeholders will not have enough time to respond by the August 31 deadline.
Read More »Financial Services Committee Commemorates 10 Years of Dodd-Frank Act
The Committee’s Chairwoman Maxine Waters said the “landmark law” made significant reforms and enhanced standards for capital, liquidity, and stress testing.
Read More »$100B Housing Bill Proposed to Address “Housing Affordability Crisis”
Sen. Kamala Harris said too many Americans are fighting “tooth and nail” to keep a roof over their heads.
Read More »Waters: FHA ‘Acted in Haste’ on Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee. The Committee said ...
Read More »Two Bills Approved to Reform, Reauthorize NFIP
The House Financial Services Committee unanimously approved a markup of eight bills this week aimed to make homeownership more affordable and sustainable, including two bills to reform and reauthorize the National Flood Insurance Program (NFIP). Among the bills approved were ...
Read More »Waters: National Flood Insurance Program Remains “At Risk”
During a recent conference, Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, outlined her priorities for strengthening the National Flood Insurance Program.
Read More »Why Half a Million Americans Are Homeless
The Committee on Financial Services discussed the status of homelessness in America and gave its recommendations on how to best overcome these challenges.
Read More »Waters Asks How Financial Industry Is Softening Shutdown Impact
Maxine Waters, Chairwoman of the House Committee on Financial Services, called on the heads of financial services industry trade associations and credit reporting agencies to describe how they are working to help consumers affected by the shutdown. Here’s more on the letter she wrote.
Read More »New Faces in Housing Regulation
It has been a busy week in Washington, D.C., with new appointments and nominations that could directly and indirectly impact the housing industry. Click through for the details.
Read More »Weighing in on Deregulation
What impact will a change of order in the Financial Services Committee have on the mortgage market?
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