House Committee Passes Bills to Delay TRID Enforcement, Revise QM

The House Financial Services Committee approved a bill that would delay the Consumer Financial Protection Bureau's enforcement of the new TILA-RESPA integrated disclosure rules. It also approved two additional bills addressing the qualified mortgage rule and GSE executive compensation. News

By |2015-08-14T19:12:38-05:00August 14th, 2015|News|Comments Off on House Committee Passes Bills to Delay TRID Enforcement, Revise QM

Shelby Tries End-Run Around Dems to Pass Reg Relief

Just a day after the Dodd-Frank Act's fifth anniversary, Senate Banking Committee Chairman Richard Shelby launched a new attempt to make significant changes to the law, attaching his regulatory relief bill to legislation that would provide funding for financial services agencies. News

By |2015-08-11T06:19:12-05:00August 11th, 2015|News|Comments Off on Shelby Tries End-Run Around Dems to Pass Reg Relief

On Eve of Anniversary, Treasury’s Lew Defends Dodd-Frank Act

Treasury Secretary Jack Lew said Monday that the Obama Administration will continue to defend the Dodd-Frank Act amid Republican efforts to water down the law, even as one of its namesakes suggested changes to it may be necessary. News

By |2015-08-04T04:12:26-05:00August 4th, 2015|News|Comments Off on On Eve of Anniversary, Treasury’s Lew Defends Dodd-Frank Act

Cordray Catches Heat Over Data Collection

The Consumer Financial Protection Bureau's massive collection of consumer data continued to raise concerns with lawmakers on Wednesday despite assurances from the agency's director that the data is anonymized. News

By |2015-07-28T02:12:18-05:00July 28th, 2015|News|Comments Off on Cordray Catches Heat Over Data Collection

Bring the Home Loan Banks’ Housing Program into the 21st Century

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates. News

By |2015-07-21T00:12:06-05:00July 21st, 2015|News|Comments Off on Bring the Home Loan Banks’ Housing Program into the 21st Century

Can the Credit Bureaus Finally Be Tamed?

Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. But while regulators and law enforcement officials are again raising the stakes for the credit reporting industry, critics fear it may not be enough. News

By |2015-07-17T11:13:42-05:00July 17th, 2015|News|Comments Off on Can the Credit Bureaus Finally Be Tamed?

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