DSNews The homepage of the servicing industry
Senate Banking Committee Chairman Richard Shelby (R-Alabama) posed a question to his committee at a hearing on banking regulation and liquidity.
Read More »Can Banks Handle Another Financial Crisis?
Home / Tag Archives: Regulation (page 3)
Republicans Roll Out Dodd-Frank Alternative
Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, unveiled the Financial CHOICE Act, a plan he believes will end taxpayer-funded bailouts and provide pro-growth regulatory relief.
Read More »The Week Ahead: Congress to Examine Bank Capital Regulation
With the Fed scheduled to release the results of its annual stress test near the end of June, the Senate Banking Committee will hold a hearing to examine regulation for bank capital and liquidity requirements.
Read More »The Effect of Compliance Costs on Households
Why are government regulations "pricing out" 14 million Americans from the housing market?
Read More »Rising Compliance Costs Burden Financial Firms
A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.
Read More »Presidential Hopeful Clinton Intends to Get Even Tougher on Wall Street
Clinton said that as president, she would veto any attempt to weaken financial reform and fight for “tough new rules, stronger enforcement, and more accountability.”
Read More »Mortgage Industry Harmed by Increased Regulation, Survey Finds
About 75 percent of the group surveyed said the current regulatory environment is indeed preventing them from lending to consumers who can afford and deserve a mortgage, while 25 percent said today’s regulatory environment does not prevent such lending. One anonymous respondent said, “We punish the whole for the actions of a few.”
Read More »What Overregulation? How Regulation Will Increase Over the Next Decade
In response to the financial crisis of 2008, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”), the most sweeping and comprehensive financial services legislation since the 1930s. This select print feature appeared in the October 2015 issue of DS News.
Read More »House Committee Finds That Americans Are Less Free as a Result of Dodd-Frank
The hearing, titled "The Dodd-Frank Act Five Years Later: Are We More Free?" was the third in a series of hearings examining the impact of the controversial legislation on the prosperity, freedom, and financial stability of American consumers.
Read More »California Agency Seeks to Suspend Servicer’s Mortgage License
Losing California would be a big blow to Ocwen, which serviced more than 378,000 home loans in the state valued at $95 billion unpaid principal balance as of Q3 2014, according to MarketWatch. Shares for the company plummeted in early trading Tuesday, falling off by more than 33 percent before ticking back up slightly. With the latest news, Ocwen is off to a less than promising start to 2015 after concluding what was a rocky 2014
Read More »