Compliance

The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders
The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders that accused the government of overstepping its authority when redirecting the government-sponsored enterprises’ profits to the Treasury Department following the 2008 enactment of federal... Keep Reading....
The House of Representatives voted 243 to 184 to pass the Home Mortgage Disclosure Adjustment Act (HR 2954), which is designed to eliminate compliance regulations imposed on small financial institutions by the Consumer Financial Protection Bureau (CFPB)
The House of Representatives voted 243 to 184 to pass the Home Mortgage Disclosure Adjustment Act (HR 2954), which is designed to eliminate compliance regulations imposed on small financial institutions by the Consumer Financial Protection Bureau (CFPB).   HR 2954 will exempt from the CFPB's... more
It what may be a historic first, the Consumer Financial Protection Bureau (CFPB) is not requesting any federal funds to cover its quarterly expenses
It what may be a historic first, the Consumer Financial Protection Bureau (CFPB) is not requesting any federal funds to cover its quarterly expenses.   According to a USA Today report, CFPB Acting Director informed Federal Reserve Chairwoman that his agency had $177.1 million left over at the start... more
The Federal Housing Finance Agency (FHFA) has quietly offered its view of a future U.S. housing policy that envisions the government-sponsored enterprises (GSEs) as shareholder-owned utilities with regulated rates of return
The Federal Housing Finance Agency (FHFA) has quietly offered its view of a future U.S. housing policy that envisions the government-sponsored enterprises (GSEs) as shareholder-owned utilities with regulated rates of return.   Bloomberg obtained the proposal, entitled “Federal Housing Finance... more
The Consumer Financial Protection Bureau (CFPB) has issued a Request for Information (RFI) to encourage comment and insight on the agency’s enforcement processes
The Consumer Financial Protection Bureau (CFPB) has announced plans to issue a series of series of Requests for Information (RFIs) seeking comment on enforcement, supervision, rulemaking, market monitoring, and education activities.   The CFPB’s first RFI will seek public comment on Civil... more