Regulation and Compliance

Trump Nominates James Clinger for FDIC Post

Jun 19, 2017

President Trump has announced his intention to nominate James Clinger as a member of the Federal Deposit Insurance Corporation (FDIC) for a six-year term, which will include a five-year tenure as the agency’s banking regulator, effective Nov. 29.
 
Clinger has worked for the past 10 years as chief counsel for the House Financial Services Committee. He previously served as Deputy Assistant Attorney General from 2005-2007, and as senior banking counsel for the House Financial Services Committee from 2001-2005, and as assistant staff director for the committee from 1995-2001.
 
Before entering public service, he was a litigation attorney at the firm Sutherland Asbill and Brennan from 1987-1995. Clinger graduated from University of Virginia with a BA in 1983 and a JD in 1987.
 
About the author
NationalMortgageProfessional.com
Link copied
Published
Jun 19, 2017
Get the NMP Daily
People On The Move
Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...

Continue reading
Analysis and Data
Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Regulation and Compliance
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

Regulation and Compliance
Apr 11, 2024
A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

Regulation and Compliance
Apr 11, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Regulation and Compliance
Apr 10, 2024
Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Regulation and Compliance
Apr 10, 2024
Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."

Regulation and Compliance
Apr 04, 2024
Kentucky Legislature Passes Bill Banning NTRAPS

The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.

Regulation and Compliance
Apr 03, 2024