The SEC chairmanship has been vacant since Jay Clayton's resignation last month.
Read More »Supreme Court Decision Could Impact CFPB
The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear ...
Read More »Ex-Fannie Mae Chief Mudd Settles with SEC
Former Fannie Mae CEO Daniel Mudd and the Securities and Exchange Commission (SEC) have reached a settlement over a lawsuit the SEC filed against Mudd nearly five years ago.
Read More »Ocwen Reintroduces Stock Repurchase Program
Ocwen Financial has re-initiated its two-year-old stock repurchase program after a nine-month suspension, according to an 8-K filing with the Securities and Exchange Commission.
Read More »LoanDepot Files SEC Registration for Proposed IPO Offering
LoanDepot, LLC recently announced that it has officially filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering.
Read More »SEC Charges Home Loan Servicing For Material Misstatements Related to Ocwen
The Securities and Exchange Commission announced Monday that it has charged Home Loan Servicing Solutions for making "material misstatements" about handling transactions with related parties, including Ocwen Financial Corp.
Read More »Former Fannie Mae Executives Agree to Settlement With SEC
Two former Fannie Mae executives have agreed to settle with the Securities and Exchange Commission to resolve claims of fraud regarding Fannie Mae's subprime exposure before the financial crisis, according to media reports.
Read More »CFPB Investigates Mortgage Rate Compression Tool
As a warning to mortgage industry lenders, the Consumer Financial Protection Bureau (CFPB) is investigating Bankrate’s mortgage rate comparison tool on Bankrate.com. Bankrate discussed the CFPB investigation in a recent Securities and Exchange Commission (SEC) filing.
Read More »Fed Agencies Issue Final Standards for Diversity and Practices of Regulated Entities
Today, in joint release the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) agencies issued a final interagency policy statement establishing joint standards for assessing the diversity policies and practices of the entities they regulate.
Read More »The FHLBank System Completes First Merger in 80-Year History
The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced today in a press release that it will merge with the Federal Home Loan Bank of Seattle (FHLB Seattle). More details concerning this new combination will be included in a related Form 8-K that FHLB Des Moines will file with the Securities and Exchange Commission.
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