Responding to claims by the House Financial Services Committee, the Department said the policy has been the same over the past three administrations.
Read More »Two Hearings on the Hill: Wells Fargo and CFPB
In two separate congressional committees today, the Director and the CEO were both faced with tough questions. Click through to read the latest.
Read More »How the Fed Will Review BB&T, SunTrust Merger
Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.
Read More »The Week Ahead: Gauging the FHA’s Performance
A hearing by the House Financial Services Committee on Wednesday will look at the FHA's performance in 2018 and its plans for the next year. See what else is in store in The Week Ahead.
Read More »Quarles: “Lending Growth, Fewer Nonperforming Loans”
Here’s what Randal Quarles, Vice Chairman of the Fed had to say about the Board’s progress on the Dodd-Frank Reforms Act’s implementation during his semiannual testimony.
Read More »Change Is in the House
Click through to learn more about what the housing and financial services industries can expect if and when Maxine Waters takes over the reins of the House Financial Services Committee.
Read More »Examining Tax Cuts Act’s Impact on Housing
Thursday marks six-months since the passage of the Tax cuts and Jobs Act. Look back on how the changes in taxes have impacted housing.
Read More »Scrutinizing Reforms at CFPB
Here’s what the Financial Services Committee said during a hearing to discuss CFPB’s Acting Director Mick Mulvaney’s recommendations to promote greater transparency at the Bureau as well as other reforms at CFPB.
Read More »House Passes Bills to Strengthen Lending Accountability
Two bipartisan financial services bills aimed at reducing the regulations for banks and increasing the responsibility for designation of nonbanks are now headed for the Senate. How do these bills impact the industry?
Read More »Mulvaney Lays Out CFPB’s “New Approach”
In a testimony before the House Financial Services Committee, the Acting Director of the consumer watchdog said that the bureau would work in several new ways to bring more transparency in its responsibility towards consumers.
Read More »