Government

The FHFA announced on Thursday that it will extend its Home Affordable Refinance Program (HARP) another nine months, and the agency will also be offering a new streamlined refinancing option for high LTV borrowers.

The Federal Reserve Bank of New York has released a report that includes nine research papers aimed at identifying and understanding key factors affecting governance and culture in the banking industry,

Former Fannie Mae CEO Daniel Mudd and the Securities and Exchange Commission (SEC) have reached a settlement over a lawsuit the SEC filed against Mudd nearly five years ago.

According to one of Democratic presidential candidate Hillary Clinton's top economic advisers, housing will play an important role in the Clinton Administration if she is elected.

CFPB Director Richard Cordray responded to a letter from a group bipartisan group of 70 U.S. Senators asking the Bureau to exempt the community banks and credit unions from certain regulations.

Earlier in August, 65 House Democrats wrote a letter to the CFPB urging them to pass their proposal to ban the use of arbitration clauses in business contracts. Now several state attorneys general are behind the proposal.

Bad economic news at the start of the summer caused many analysts to predict that the Federal Reserve would not raise the federal funds target rate until December. Lately, however, forecasts are changing.

The CFPB published its proposed updates to TRID on Monday, opening the 64-day comment period on the controversial mortgage disclosure rule.

Republican presidential candidate Donald Trump has been mostly silent on housing during his campaign over the last several months—until Thursday, when he addressed the National Association of Home Builders.

An independent watchdog said he believes that FHA’s downpayment program is in violation of the National Housing Act regarding prohibited sources for downpayment assistance.