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Sen. Sherrod Brown (D-OH), the ranking member of the Senate Banking Committee, has decided not to pursue the 2020 Democratic nomination for President

Sen. Brown Declines 2020 Presidential Bid

Sen. Sherrod Brown (D-OH), the ranking member of the Senate Banking Committee, has decided not to...Read more
American Financial Resources (AFR) has announced that it has successfully completed its SOC 2 Type II audit

AFR Successfully Completes SOC 2 Type II Audit

American Financial Resources (AFR) has announced that it has successfully completed its SOC 2 Type...Read more
The Consumer Financial Protection Bureau (CFPB) has issued an Advance Notice of Proposed Rulemaking (ANPR) on the question of Property Assessed Clean Energy (PACE) financing for residential properties

CFPB Issues ANPR on PACE Loans

The Consumer Financial Protection Bureau (CFPB) has issued an Advance Notice of Proposed Rulemaking...Read more
The Office of the Comptroller of the Currency (OCC) has levied a $25 million civil money penalty against Citibank N.A., charging the lender with violating the Fair Housing Act

Liberty Bank in $15M Settlement of Redlining Charges

Middletown, Conn.-based Liberty Bank has settled charges of discrimination in mortgage lending by...Read more
U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson stated he would "likely" leave his position in the Trump Administration at the end of the President’s first term

Carson Eyes Leaving HUD at End of Trump’s First Term

U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson stated he would "...Read more
The Federal Housing Finance Agency (FHFA) issued a final rule that requires Fannie Mae and Freddie Mac to align their respective programs, policies and practices that affect the cash flows of To-Be-Announced (TBA)-eligible mortgage-backed securities (MBS)

FHFA Issues Final Rule on TBA MBS

The Federal Housing Finance Agency (FHFA) issued a final rule that requires Fannie Mae and Freddie...Read more
The Senate Banking Committee voted 13-12 along party lines to approve President Trump’s nomination of Mark Calabria to become the next director of the Federal Housing Finance Agency (FHFA)

Senate Committee Approves Calabria Nomination to Run FHFA

The Senate Banking Committee voted 13-12 along party lines to approve President Trump’s nomination...Read more
Maxine Waters

Rep. Waters, In Turnaround, Seeks Whistleblowers from CFPB

Rep. Maxine Waters (D-CA), the chairwoman of the House Financial Services Committee, has invited...Read more
Sen. Elizabeth Warren (D-MA) has admitted that her attempt to win the 2020 Democratic Party nomination for president is “falling short” when it comes to fundraising

Warren Acknowledges Poor Fundraising Results for 2020 Bid

Sen. Elizabeth Warren (D-MA) has admitted that her attempt to win the 2020 Democratic Party...Read more
The National Association of Mortgage Brokers (NAMB) has requested that the Consumer Financial Protection Bureau make immediate changes to Loan Originator compensation regulations

NAMB Calls on FHA to Change MIP Structure

NAMB—The Association of Mortgage Professionals has called on Federal Housing Administration (FHA)...Read more

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