Through an amendment to fair housing, HUD plans help states and local communities to effectively promote fair housing choice through the use of their federal funds.
Read More »How Will BCFP’s Consumer Privacy Amendments Impact Lenders?
The Bureau of Consumer Financial Protection (BCFP) has announced an update in legislation aimed at easing the burden on financial institutions and reducing the risk of consumer confusion. Through Regulation ...
Read More »How Policy Can Help Housing Affordability
Calling today’s housing policy proposals only “partial fixes” to the current challenges in the housing market, a policy research suggests four major themes for effective future housing policy.
Read More »HSBC and DoJ Reach $765M Settlement
HSBC will be paying a $765-million fine to the Department of Justice, as representative of the United States, over its contributions from the bank that lead up to ...
Read More »The Next Steps in Mel Watt Investigation
Accusations of sexual harassment leveled against Director Watt by an Agency employee have triggered a federal investigation and many unanswered questions.
Read More »House Bill Amends Truth in Lending Act
The House Financial Services Committee today passed a bill amending the Truth in Lending Act that clarifies points and fees in connection with a mortgage loan. Here are the details of the bill.
Read More »FHFA Hits Pause on GSE Credit Changes
Decisions regarding the credit score model used by Fannie Mae and Freddie Mac have been delayed by the Federal Housing Finance Agency (FHFA) after it was announced that the ...
Read More »‘Will Help Ensure a Stable U.S. Housing Market’
At a hearing to consider his nomination as President of Ginnie Mae, Michael Bright, told the Senate Banking Committee that he would continue to work on modernizing the agency and ensuring the security of the loans it oversees to ensure better security price and lower rates for borrowers.
Read More »Kraninger: ‘Will Make BCFP Fair and Transparent’
Kathleen Kraninger gave her testimony before the Senate Banking Committee on Thursday during a hearing on her nomination to lead the Bureau of Consumer Financial Protection. Here are the details.
Read More »Powell Makes a Case for Gradual Rate Hikes
In his second Congressional Testimony, Fed Chair Jerome Powell gave an upbeat assessment of the U.S. economy and an outlook on the Fed’s monetary policy. Here are the details.
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