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Bob Broeksmit proposes housing czar to address ‘regulatory knots’
HousingWire via Yahoo Finance· 9 hours agoAnd the Director would be empowered to stop agencies from making regulatory knots worse, and better...
Federal Consumer Financial Watchdog Survives Supreme Court Scrutiny
The Wall Street Journal· 5 hours ago...Dodd-Frank law to avoid a replay of the 2008-09 financial crisis, when the housing market...
SCOTUS rules CFPB funding structure is lawful, jarring conservative attempt to undo Wall Street cop
The Washington Times· 11 hours agoCongress has broad powers to delegate its spending power to federal agencies, the Supreme Court...
Supreme Court upholds funding structure for CFPB
CBS News· 11 hours agoThe Supreme Court on Thursday upheld the funding structure for the Consumer Financial Protection Bureau, or CFPB, rescuing the consumer finance agency...
Black homeowners start to close gap in property values
Michigan Advance via Yahoo News· 1 day agoBlack homeowners’ property values are on the rise across the country, with some of the biggest...
The Supreme Court has delivered a victory for a financial watchdog, and all agencies with...
Government Executive· 7 hours agoA federal financial industry watchdog can continue to operate and maintain its current funding...
Some US Regulators Repropose Joint Rule on Incentive-Based Compensation | JD Supra
JD Supra· 3 days ago...On 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...
Renewed Federal Scrutiny for Nonbank Mortgage Companies | JD Supra
JD Supra· 2 days agoBased on a recent report from the Financial Stability Oversight Council (FSOC), nonbank mortgage companies (NMCs) need to prepare for additional regulatory scrutiny from both state and federal ...
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...
Several Regulators Re-Propose Rules to Curb Incentive Compensation at Financial Institutions | JD...
JD Supra· 2 days ago...Office 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...SEC), and Board of Governors of the Federal Reserve System (the Fed) are tasked with jointly prescribing...