An upcoming Senate Banking Committee hearing will discuss with a panel of experts the growth of artificial intelligence and how its usage in the housing marketplace will be regulated as AI continues to evolve at a rapid pace.
Read More »All But 3% of Mortgages ‘Current and Performing’
A new report required by law under the Helping Families Save Their Homes Act of 2009, a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, showed that the majority of loans are current, and foreclosures remain below levels recorded before the pandemic.
Read More »Barney Frank States Oppositions to Senate Bill
Former Rep. Barney Frank (D-Massachusetts), who co-authored the 2010 law that established the Consumer Financial Protection Bureau (CFPB) Act, also known as also known as Dodd-Frank, said Monday ...
Read More »Republican Candidates Outline Future Big Bank Failure Policies
"In Dodd-Frank, you have actually codified too big to fail. We have actually created a category of systemically important institutions, and these banks go around bragging about it. You know what they say to people with a wink and a nod? We are so big, we are so important that if we get in trouble, the government has to bail us out. This is an outrage. We need to repeal Dodd-Frank as soon as possible." - Sen. Marco Rubio
Read More »Congress & Industry Leaders Discuss Dodd-Frank’s Progress on its Fifth Anniversary
Tuesday, July 21, 2015 marks the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act. As Dodd-Frank turns five, congress members and industry leaders examine just how effective the reform act has been within the government agencies to which it was applied.
Read More »Dodd-Frank: How Far Agencies Have Come and What’s Next?
As the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act prepares reach its fifth anniversary, a new report found that although the majority of the rules set forth in this act have already been implemented by various federal regulated agencies, there are several reform rules that have yet to be enacted, including rules for executive compensation, derivatives, and consumer debt.
Read More »Former U.S. Congressman and Dodd-Frank Namesake, Barney Frank, Joins Bank Board
In an unexpected turn of events, retired House Democrat, key architect of the financial crisis era legislation, and more important namesake of the 2010 Dodd Frank Wall Street Reform and Consumer Protection Act, Barney Frank has joined the board of directors of New York-based Signature Bank (SBNY), according to a company announcement on Wednesday.
Read More »