|
|
|
Results 1 - 10 of 100 |
Posted Date: Friday, May 10, 2013
Issue: Inside the Beltway
Consumer advocates are ratcheting up the pressure on Senate Republicans who vowed to block Richard Cordray’s nomination to continue leading the Consumer Financial Protection Bureau. Public interest groups collected thousands of signatures on a petition urging GOP lawmakers to permit a vote on the nomination. Numerous news outlets also threw their support behind Cordray and the CFPB. Read on for the details. Read on »
Posted Date: Friday, May 03, 2013
Issue: Dodd Frank Update June 2013
There’s strength in numbers, and nowhere is that more apparent than at a major national convention. However, the real estate and mortgage industries are inherently local and there’s no better place to get a feel for what’s really happening on the ground in these industries than at a state convention. Next week, Dodd Frank Update will head to Columbus, Ohio, for the Ohio Mortgage Bankers Association Annual Convention. Read on to find out what topics are driving the mortgage debate in the Buckeye State. Read on »
Posted Date: Friday, April 26, 2013
Issue: Inside the Beltway
Make no mistake, the Consumer Financial Protection Bureau may have “finalized” numerous important mortgage rules in January, but the tinkering continues. Read on to learn about the CFPB’s recent proposed rule changes and other changes that may be on the way. Read on »
Posted Date: Monday, April 22, 2013
Issue: Inside the Beltway
The Consumer Financial Protection Bureau is partnering with New York City in an effort to help municipalities across the United States beef up their ability to protect consumers. The bureau also reaffirmed the role of cities as key partners that inform the agency’s work. Read on to learn about the partnership. Read on »
Posted Date: Friday, April 12, 2013
Issue: Inside the Beltway
Former federal prosecutor and securities lawyer Mary Jo White was sworn in as the 31st chair of the Securities and Exchange Commission on April 10. Despite vocal opposition from some quarters, White’s Senate confirmation was relatively painless. However, tension over another key nomination is still ramping up. Read on for the details. Read on »
Posted Date: Friday, April 05, 2013
Issue: Dodd Frank Update May 2013
Thomas Curry, Comptroller of the Currency, has been named chairman of the Federal Financial Institutions Examination Council for a two-year term. Read on for the details and to learn more about Curry’s background. Read on »
Posted Date: Friday, March 29, 2013
Issue: Inside the Beltway
The influential U.S. House Financial Services Committee will focus on the nation’s housing finance policy, relieving the regulatory burden on community lenders and ending too-big-to-fail when it launches into a list of scheduled hearings this week. Read on to learn about the issues the committee will discuss. Read on »
Posted Date: Friday, March 22, 2013
Issue: Inside the Beltway
The leader of the Federal Reserve said he didn’t mean to imply that the problem of too-big-to-fail no longer exists when he debated the issue with a high-profile U.S. senator during a recent hearing. Fed Chairman Ben Bernanke told the media during his March 20 Federal Open Market Committee press conference that too-big-to-fail is still a problem and that policymakers should consider additional steps to address the issue if current measures fail to achieve the desired results. Read on for the details. Read on »
Posted Date: Monday, March 18, 2013
Issue: Inside the Beltway
The debate over too-big-to-fail — including its costs, impacts and whether or not the issue still exists — has truly taken on a life of its own this year. Recently, a group of major trade associations representing large financial institutions took a swing at suggestions that big banks benefit from a huge subsidy. The groups’ statements raised the ire of community bank supporters, and the Independent Community Bankers of America identified ending too-big-to-fail as one of its top policy priorities. Read on »
Posted Date: Wednesday, March 13, 2013
Issue: Dodd Frank Update April 2013
Commodity Futures Trading Commission General Counsel Dan Berkovitz will depart the agency at the end of March, ending a 30-year career in the federal government. Berkovitz served as the CFTC’s general counsel since June 2009, and has advised the commission on a variety of landmark legislative and regulatory initiatives including the CFTC’s implementation of the Dodd-Frank Act. Read on to learn about his work. Read on »
|
 |
CFPB Escrow Clarifications - Final Rule (12 CFR Part 1026)The Consumer Financial Protection Bureau finalized a rule clarifying that certain protections applicable to higher-priced mortgage loans will not expire prior to the effective date for the bureau’s new ability to repay/qualified mortgage rule. The May 16, 2013, changes to the CFPB’s January 2013 escrow rule for HPMLs also clarify how to determine whether a county is considered “rural” or “underserved” for purposes of applying certain important exemptions set forth the under the CFPB’s new mortgage rules. Final Rules |
|
|