Republicans have always been critical of the controversial Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, but lately they have turned up the heat with their criticism as the Obama Administration winds down.
Read More »The MReport Webcast: Thursday 3/17/2016
JPMorgan Chase and Company is preparing to sell a group of mortgage-backed securities worth nearly 2 billion dollars, the company confirmed to MReport. This credit risk transfer is ...
Read More »What’s Keeping Renters From Homeownership?
Seventy percent of renters still believe that renting is more affordable than owning a home and 55 percent of renters plan to continue renting for at least the next three years, according to a Freddie Mac survey.
Read More »CFPB Director Defends Agency’s Decisions
CFPB Director Richard Cordray faced intense criticism from the committee's Republicans, particularly Chairman Jeb Hensarling (R-Texas), who said that Congress has made the Director a “dictator” and given him power that is “amazing, frightening, and tragic.”
Read More »House Committee Chairman Promises ‘Bold and Better’ Alternative to Dodd-Frank
Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, delivered a public address on Tuesday on the committee’s plan to offer what he terms a “bold and better” alternative to the Dodd-Frank Act, according to an announcement from the committee.
Read More »The MReport Webcast: Wednesday 3/15/2016
Fifty-one percent of repeat homebuyers reported that they experienced unexpected costs, fees, or surprises in their most recent home buying experience, according to ClosingCorp's National TRID Impact on ...
Read More »Consumer Expectations are Making a Comeback
The expectations of consumers toward inflation, the economy, housing, personal finances, and the labor market were up across the board, which suggests that expectations are on the rebound.
Read More »Is the Regulatory Burden About to Lifted for Financial Institutions?
The Office of the Comptroller of the Currency on Monday announced proposed changes in order to remove outdated or unnecessary provisions and rules, therefore reducing the regulatory burden on banks and federal savings associations.
Read More »The MReport Webcast: Monday 3/14/2016
The year 2012 also marked the beginning of a four-year period in which the GSEs’ expenses increased by a combined 1 point 1 billion dollars. A white paper released this ...
Read More »The MReport Webcast: Friday 3/11/2016
The economic and lending environments are changing. There are new segments of the population that are emerging that include millennials, minorities, immigrants, and rural dwellers, and the typical ...
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