Government

As individuals make their way through the industry and companies merge, follow all the important highlights in this activity update.

Originally introduced by Representative Marc Veasey (D-Texas) in June, the goal of a new bill could change requirements in the National Housing Act in order to help veterans make an informed decision when deciding which route to take when buying a home.

With banking regulations becoming more strict, it may be hard for small banks to stay afloat. What are federal regulators doing to keep community banks competitive?

In December 2016, then incoming Treasury Secretary Mnuchin boldly stated the Trump administration would employ the “largest tax change since Reagan.” However, that change could come with significant adjustments to the mortgage interest deduction, something that sparks mixed emotions across the country.

In a move reminiscent of 2008’s increased popularity of subprime loans, the Office of the Comptroller of the Currency issued a bulletin Monday to national banks and federal associations that outlines practices to help manage programs that originate loans with a loan-to-value ratio over 100 percent. But is this responsible lending, or the same mistake from nearly a decade ago?

Inventory is tight, which is driving more buyers to pay cash for their homes instead of taking more traditional avenues to secure a loan. See what’s driving this trend here.

The president disbanded both his manufacturing and business advisory councils, but Jaime Dimon, former member of the council, still has more to say about being a leader.

The FHFA had much to report on Thursday, including announcing the extension of HARP. Take a look at what all is going on at the agency.

As individuals make their way through the industry and companies merge, follow all the important highlights in this activity update.

Wednesday, Indisoft, a technology development firm that specializes in systems for the financial services industry, announced Camillo Melchiorre as President, focusing on the firm’s sales and marketing efforts. Sanjeev Dahiwadkar, who previously held the roles of President and CEO, will not be available to concentrate on IndiSoft’s strategic direction as CEO.