While Scott Wiener’s SB 50 failed three straight years, his new SB 902 hopes to increase density within the state but keeps a controversial proposal included in his prior legislation.
Read More »Wells Fargo CEO Details Plan to Build Public Trust
Maxine Waters said she is “very concerned that the banks’ pattern of harming its consumers appears to persist” during a hearing on Tuesday. Click through to read more.
Read More »Industry Groups Applaud Bold Changes to CWCOT
The National Mortgage Servicing Association joined with the MBA and the Housing Policy Council to voice its strong support for FHA’s proposed changes to the Claims Without Conveyance program, echoing feedback from other industry groups.
Read More »CFPB Seeking Financial Law Whistleblowers
The Bureau has announced that it will be engaging with Congress to advance proposed legislation that would authorize the Bureau to award anyone who report violations of Federal consumer financial law.
Read More »The Week Ahead: Federal Reserve Talks National Net Worth
Also in The Week Ahead, the Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing to examine the Consumer Financial Protection Bureau's semi-annual report to Congress.
Read More »Elizabeth Warren Drops Out of Presidential Race
Just 24 hours after Michael Bloomberg ended his bid for the White House, the Senator's quest for the presidency has come to an end. Click through to revisit her contributions to the CFPB and financial laws.
Read More »Michael Bloomberg Ends Bid for the White House
The Democratic candidate had proposed merging Fannie Mae and Freddie Mac in recent weeks and announced he will support Joe Biden’s campaign.
Read More »San Francisco’s Affordable Housing Bill Heading Toward Approval
Proposition E would cap office development by 10% annually if certain affordability measures are not met.
Read More »CFPB’s Constitutionality Questioned Before Supreme Court
Opening arguments began Tuesday in a case that could decide the fate of the Bureau.
Read More »YIMBY Act Approved by the House of Representatives
The legislation was called a “good step forward” in using local zoning laws to alleviate affordability concerns.
Read More »