Government

The Economic Growth, Regulatory Relief and Consumer Protection Act which aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act, was passed by the House today. Here’s how the industry reacted.

Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, said on Friday that the committee would be launching a full investigation into recent allegations in a Bloomberg ...

As the CCO, Krenitsky will oversee and manage Freddie Mac’s compliance with legal and regulatory requirements and related controls that govern the company’s business activities.

Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook predicts continued economic growth throughout the rest of 2018. As we enter 2019, however, the ...

The nominee for Vice Chair at the Federal Reserve gave his testimony along with Michelle Bowman who is nominated to be a member of the Fed’s Board at a hearing by the Banking, Housing, and Urban Affairs Committee. What did they say?

CFPB Acting Director Mick Mulvaney’s tenure at the head of the regulatory organization has been defined by a reexamination of the Bureau’s priorities and purpose. That trend continued ...

A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.

Charmaine Brown, Director, Outreach and Engagement, Office of Minority and Women Inclusion at Fannie Mae, was recently appointed as Vice Chair of the American Mortgage Diversity Council (AMDC). Partnering ...

John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (BCFP) as its Chief Communications Officer and Spokesperson. His ...

The good news is that in April, the unemployment rate fell below 4 percent, a first since 2000, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. So what’s the bad news?