The Consumer Financial Protection Bureau announced on Wednesday it is considering proposing rules that will make consumer financial companies more accountable to the customers they serve.
Read More »Fifth Third Bancorp Agrees to $85 Million Settlement to Resolve FHA Fraud Claims
Fifth Third Bancorp has agreed to pay nearly $85 million to resolve civil fraud claims regarding approximately 1,400 loans originated by the bank that were insured by the FHA.
Read More »Five Star to Host Inaugural Single-Family Rental Summit In Vegas October 11-13
The 12th Annual Five Star Conference in Dallas last month included the inaugural Single-Family Rental Lab. Now, Five Star Institute is expanding its footprint in the burgeoning single-family rental market with its inaugural Single-Family Rental Summit October 11 to 13, 2015, in Las Vegas.
Read More »TRID: A Step Into the Unknown
Amid all the consternation about the looming TILA-RESPA Integrated Disclosure Rule effective date of October 3, one analyst believes that the biggest unknown about TRID is just that—unknown.
Read More »Fannie Mae’s Mortgage Portfolio Contracts 19 Percent in August
Fannie Mae's gross mortgage portfolio declined at a compound annualized rate of 19.1 in August, marking the sixth time in the last seven months that the portfolio has contracted at the rate of at least 13 percent, according to Fannie Mae's August 2015 Monthly Volume Summary released Wednesday.
Read More »CFPB to Take ‘Diagnostic’ Approach Toward TRID Compliance
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray once again sat before the House Financial Services Committee on Tuesday for the CFPB's semi-annual report to Congress and touted the Bureau's efforts to protect consumers in its four years of existence while taking questions from Committee members on such topics as mortgages, auto lending, payday lending, and the TRID rule.
Read More »Single-Family Rentals Should be Part of Affordable Housing Strategy, Report Says
SFR should be considered by policymakers as an integral part an affordable housing strategy because of volume, location, neighborhood impact, and affordability.
Read More »Rep. Hensarling May Seek Speaker of the House Role
In response to the surprise announcement of the resignation of Speaker of the House John Boehner (R-Ohio) on Friday morning, U.S. Rep. Jeb Hensarling (R-Texas) is "considering his options" as far as seeking the speaker position.
Read More »Collingwood Group Adds Housing Finance Veteran as SVP
Longtime housing finance veteran Chris Negri has joined Washington, D.C.-based business advisory firm The Collingwood Group as Senior Vice President, according to an announcement from Collingwood.
Read More »Collingwood Group Hires Former Freddie Mac Executive
The Collingwood Group, a Washington, D.C.-based business advisory firm, announced that Paul Mullings has joined the company as a managing director supporting the firm in business advisory and risk management and compliance practices.
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