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Bob Broeksmit proposes housing czar to address ‘regulatory knots’
HousingWire via Yahoo Finance· 20 hours agoIn addition, the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency...
Some US Regulators Repropose Joint Rule on Incentive-Based Compensation | JD Supra
JD Supra· 3 days ago...May 6, 2024, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Federal Housing Finance Agency (FHFA) and National Credit Union Administration (NCUA; collectively the “Four Agencies”) reproposed a joint rule (the “2024 Proposal”) to regulate...
Trade groups express concern to FHFA over historic credit data - HousingWire
HousingWire· 4 days agoMortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about ...
Whatever You Do, Don’t Let Freddie Mac Finance Second Mortgages
Forbes· 4 days agoEconomists incorrectly believe consumption powers economic growth. Actually, consumption is a...
Valverde appointed acting president of Ginnie Mae - HousingWire
HousingWire· 7 days agoSam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as its acting president as of May 6, according to an announcement issued by ...
Analysis | Who has the lowest (and highest) mortgage rates, and more!
Washington Post· 3 hours agoWhen the Fed pushed its target rate near zero in 2020, the average home buyer could get a 30-year...
Several Regulators Re-Propose Rules to Curb Incentive Compensation at Financial Institutions | JD...
JD Supra· 2 days ago... of the Comptroller of the Currency (OCC), and Federal Housing Finance Agency (FHFA) issued a notice of proposed rulemaking and request for public comment to implement Section 956 of the Dodd...and Board of Governors of the Federal Reserve System (the Fed) are tasked with jointly prescribing...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 2 | JD Supra
JD Supra· 2 days agoOn May 10, the House Financial Services Committee announced that the House Committee on Rules will consider the Financial Innovation and Technology Act for the 21st Century Act (FIT Act), a ...
FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
PYMNTS.com· 7 days agoThe Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and...
FSOC warns on liquidity risk by nonbank mortgage servicers
Compliance Week· 4 days agoNonbanks currently originate roughly 65 percent of all mortgages and service more...Protection...