Government

CFPB DIrector Richard Cordray's term is up in July 2018, but a group of Democrats from the U.S. House of Representatives does not want to see President-elect Donald Trump remove him before then.

The low interest rate environment, which has been the Fed’s mode of operation for much of the last decade, has been instrumental in stabilizing the U.S. financial system. But if it continues, it could adversely affect financial institutions, according to a Fed Governor.

The question of whether the U.S. Senate will confirm Dr. Ben Carson as the new HUD Secretary will likely be answered on Thursday, January 12. What did stakeholders in the industry have to say about how the former presidential candidate would handle the Department if he is confirmed?

For the first time in two years, the Federal Housing Administration has lowered its annual mortgage insurance premiums paid by most borrowers in an effort to expand homeownership and save money for existing borrowers.

Reps. Blaine Luetkemeyer from Missouri and Sean Duffy from Wisconsin will be assuming new positions as heads of Subcommittees in the House Financial Services Committee for the 115th Congress.

It has been two years since the FHA lowered its mortgage insurance premiums down to 0.85 percent. Is another reduction in the cards as the Obama Administration nears its conclusion?

As his tenure as HUD Secretary winds down, Julián Castro covered some of the achievements the Department made under the Obama Administration and also some of the work that lies ahead.

According to the Federal Open Market Committee, participants expect the economy to continue to expand at a moderate pace and for the labor market to strengthen further, but uncertainty lingers among FOMC members as to the new administration's fiscal policy.

The bill will provide financial relief for those affected by the 2012 storm.

Why have banks and federal savings associations began relaxing their underwriting standards, according to a survey from the Office of the Comptroller of the Currency?