Compliance | Page 8 | National Mortgage Professional Magazine
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The House of Representatives and the Senate passed a seven-day extension of the National Flood Insurance Program (NFIP) last night, hours before its scheduled expiration today

NFIP Gets Seven-Day Extension

The House of Representatives and the Senate passed a seven-day extension of the National Flood...Read more
The nomination of Kathy Kraninger to become the next Director of the Consumer Financial Protection Bureau (CFPB) came closer to being achieved when Senate Majority Leader Mitch McConnell (R-KY) filed a procedural motion

Senate Invokes Cloture on Kraninger CFPB Nomination

The U.S. Senate voted 50-49 along party lines to invoke cloture to limit debate on the nomination...Read more
The Federal Reserve has begun 2019 by not raising short-term interest rates

Powell Hints at Slowdown on Fed Rate Hikes

Federal Reserve Chairman Jerome Powell raised the possibility that the central bank is willing to...Read more
Sen. Sherrod Brown (D-OH), the ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, has published a 36-page report criticizing how Mick Mulvaney has run the Consumer Financial Protection Bureau

Dem Report Slams Mulvaney’s CFPB Role

Sen. Sherrod Brown (D-OH), the ranking member of the U.S. Senate Committee on Banking, Housing, and...Read more
A coalition of 31 financial services and housing trade associations called on Senate leaders to confirm President Trump’s nomination of Michael Bright as the next president of Ginnie Mae

Trade Groups Urge Confirmation of Ginnie Mae Nominee

A coalition of 31 financial services and housing trade associations called on Senate leaders to...Read more
The Department of Housing and Urban Development (HUD) awarded $10 million in "sweat equity" grants to support the work of four non-profit organizations that enable homeownership opportunities low-income families and individuals

Final Rule on FHLBanks' AHP Amendments Issued

The Federal Housing Finance Agency (FHFA) has published a final rule amending its regulation for...Read more
The Federal Deposit Insurance Corp. (FDIC) issued a notice of proposed rulemaking that would increase the threshold for residential real estate transactions requiring an appraisal to $400,000

FDIC Seeks to Increase Appraisal Exemption Level to $400K

The Federal Deposit Insurance Corp. (FDIC) issued a notice of proposed rulemaking that would...Read more
The Financial Crimes Enforcement Network (FinCEN) has revised its Geographic Targeting Orders (GTOs)

FinCEN Revises Focus at Dubious Real Estate Transactions

The Financial Crimes Enforcement Network (FinCEN) has revised its Geographic Targeting Orders (GTOs...Read more
The nomination of Kathy Kraninger to become the next Director of the Consumer Financial Protection Bureau (CFPB) came closer to being achieved when Senate Majority Leader Mitch McConnell (R-KY) filed a procedural motion

Kraninger Nomination Clears Senate Hurdle

The nomination of Kathy Kraninger to become the next Director of the Consumer Financial Protection...Read more
One month after launching an exploratory committee to test the waters for a potential presidential run, former U.S. Department of Housing & Urban Development Secretary (HUD) Julián Castro formally announced his candidacy for the 2020 Democratic presidenti

Ex-HUD Chief Castro Planning for 2020 Bid

Former U.S. Housing & Urban Development (HUD) Secretary Julián Castro met with potential donors...Read more

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