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News stories about Regulations

 
Oct 19, 2018  9:55 ET
The jury is still out on the new CFPB
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), delivered what seemed to be a clear message this week at the Mortgage Bankers Association's annual convention i...
May 24, 2018  14:25 ET
Trump signs bank regulatory relief bill
President Donald Trump has signed the legislation that will roll back portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  In a ceremony on Thursday at the White House, Trump...
May 22, 2018  16:10 ET
Congress passes Dodd-Frank relief bill
The U.S. House of Representatives approved a bank regulatory-relief bill late on Tuesday, clearing the way for the first meaningful changes to the Dodd-Frank Wall Street Reform and Consumer Protecti...
Mar 13, 2018  9:35 ET
Dodd-Frank relief bill moves closer to Senate vote
The Senate bill to tweak the Dodd-Frank Wall Street Reform and Consumer Protection Act has been moving slowly toward final passage this week. The bipartisan bank regulatory-relief bill S....
Dec 22, 2017  11:15 ET
Watchdog agency eases HMDA enforcement
The Trump administration has made its first moves to roll back the Consumer Financial Protection Bureau’s (CFPB's)mortgage reporting rule. In a big win for the industry, the CFPB announ...
Oct 16, 2017  10:00 ET
Blog: Dodd-Frank reform effort grinds on slowly
On the campaign trail, President Donald Trump promised to dismantle the Obama-era rules on the banking and mortgage industry. As late as this April, Trump spoke of “a major elimination” of the Dodd-...
Oct 13, 2017  11:45 ET
Regulators will drive reform of mortgage rules
In the first year of the Trump administration, regulatory reform has taken a back seat to health care and tax issues. Bob Davis, executive vice president at the American Bankers Association, discus...
Oct 12, 2017  17:40 ET
House committee passes regulatory-relief bills
The House Financial Services Committee moved forward two bills on Thursday aimed at providing clarity and regulatory relief for real estate lenders. Some analysts believe this marks the b...
Sep 18, 2017  17:00 ET
California moves to regulate PACE industry
The California Legislature has passed a regulatory framework for the fast-growing, but controversial, residential Property Assessed Clean Energy (PACE) loan market. On Friday, the state ...
May 8, 2017  18:15 ET
CHOICE Act faces big roadblocks ahead
Texas Congressman Jeb Hensarling’s bill to repeal much of the Dodd-Frank Act and curtail significantly the powers of the Consumer Financial Protection Bureau (CFPB) made it out of the House Financia...
Nov 11, 2016  16:00 ET
Dodd-Frank, CFPB changes will unfold slowly
Speculation is running high that major changes and rollbacks will be coming to the Obama-era regulations on the mortgage and banking industries. Joseph Lynyak, a partner at the Washington, D.C.-bas...
Aug 17, 2016  10:45 ET
Housing policy makes headway as campaign issue
Housing policy is beginning to gain some traction in the presidential campaign.   In speeches in August, presidential candidates Hillary Clinton and Donald Trump offered up sharply differ...
Jul 18, 2016  17:00 ET
Bill would ease regulations on small nonbanks
A House bill introduced last week would limit the Consumer Financial Protection Bureau's (CFPB's) oversight of small nonbank mortgage lenders. The Republican sponsored H.R. 5907 would e...
Jun 7, 2016  14:15 ET
House Republicans seek to replace Dodd-Frank
House Financial Services Committee Chairman Jeb Hensarling unveiled the Republican plan on Tuesday to repeal much of the Dodd-Frank Act and make sweeping changes to bank regulations and regulatory a...
May 27, 2016  12:15 ET
Reverse mortgages remain widely misunderstood, despite growth, expert says
The Federal Housing Administration’s (FHA) reverse mortgage program, known as a Home Equity Conversion Mortgage (HECM), has seen many changes over the past two years. In May, the U.S. Department of...
 

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