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Industry Reacts to Cordray Resignation

Richard Cordray, the Obama-appointed director of the Consumer Financial Protection Bureau (CFPB), announced his resignation—stating that he will step down before the end of the month. Cordray officially ...

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Relief Bill to Ease Regulation for Economic Gains

On Monday, the Senate Banking Committee Chairman and Committee members, along with other senators, announced bipartisan proposals for a new regulatory relief bill in an effort to obtain economic growth and protection for American consumers, businesses, and the stability of the financial sector.

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The Long Road to Consensus on Tax Reform & the Mortgage Interest Deduction

Senate Republicans on Thursday released their version of a overhaul plan while House Republicans on the Committee on Ways and Means advanced their reform bill that was initially announced last week to the House floor. The House and Senate must come in line with their tax visions to create one uniform plan to pass through Congress.

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Establishing a Sustainable Mortgage Market

On Tuesday, the Housing and Insurance Subcommittee held its third hearing addressing views and perspectives from industry experts on what can be done to establish a sustainable housing reform to provide more buyers a slice of the American Dream.

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Fannie Mae Reports Q3 Earnings

In Q3 2017 Fannie Mae transitioned its business from mortgage portfolio focus to guaranty focused. While the GSE had some of its credit-related expense eased by a recent legal settlement, see why net income dropped during the quarter.

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