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Freddie Mac, Fannie Mae, and the FHLBanks experienced a substantial increase in their net income for the first quarter. The Federal Housing Finance Agency (FHFA) released the Quarterly Performance Report of the Housing GSEs today analyzing the first quarter earnings and other contributing factors that boosted these GSEs’ incomes.

Witnesses presented new evidence at a recent House Subcommittee hearing that the Consumer Financial Protection Bureau (CFPB) discriminated against its employees and retaliated against the whistleblowers. It was the fourth hearing in which the CFPB's employees or former employees have testified of discrimination and retaliation within the Bureau since the investigation of such allegations began in April 2014.

A recent poll from Rasmussen Reports titled "Voters Say No to Government Role in Neighborhood Diversity" found that the majority of American voters’ believe that the government should not get involved in tying different income levels together in an effort to diversify neighborhood across the U.S.

The U.S. Senate Committee on Appropriations recently approved the FY2016 Transportation, HUD (THUD), and related agencies Appropriations Bill. The major goals of the bill is to increase the efficiency and affordability of federal housing programs and provide funding for transportation and infrastructure priorities, working within the guidelines of the Budget Control Act.

For the first time, over 7,700 consumer complaints about problems they are facing with financial companies concerning mortgages, bank accounts, credit cards, and debt collection, among others, were released today by the Consumer Financial Protection Bureau (CFPB) on their Consumer Complaint Database, according to a press release.

The U.S. Supreme Court ruled on Thursday by a 5-4 vote in the case of Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. that disparate impact claims can legally be brought about under the Fair Housing Act of 1968.

The wealth gap among Americans widened dramatically after the housing market collapse. This placed many black homeowners at a huge economic disadvantage, leaving them with limited access to servicing, lenders, and credit. New research by the Social Science Research Council (SSRC) and the American Civil Liberties Union (ACLU) found that all households lost wealth from 2007 to 2009 at the height of the housing bust and recession. However, in 2009, median white household wealth ceased to decrease, while median black household wealth dropped steadily.

More than half of the states plus the District of Columbia, along with more than a third of the nation's largest metro areas, were categorized as in the "stable" range in April on the strength of a healthy spring homebuying season, according to Freddie Mac's April 2015 Multi-Indicator Market Index (MiMi) released Wednesday.

The Consumer Financial Protection Bureau (CFPB) has announced a proposed amendment to the Know Before You Owe mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure (TRID) rule, which would move the effective date of the rule to Saturday, October 3, 2015. According to CFPB, the Bureau is issuing the proposed amendment to correct an "administrative error" that would have pushed the TRID effective date back at least two weeks from its original effective date of August 1, 2015.

In order to provide transparency, reduce risks to consumers, and comply with Federal consumer financial law, the Consumer Financial Protection Bureau (CFPB) recently shared its eighth Supervisory Highlights report. The report covers the illegal practices that the Bureau uncovers in areas such as consumer reporting, debt collection, student loan servicing, mortgage origination, mortgage servicing, and fair lending for the first four months of the year.