Most Recent Regulation and compliance News

Clash of titans: GSIB proposal pits megabank against megabank

Clash of titans: GSIB proposal pits megabank against megabank

Key takeaway: JPMorganChase and Bank of America objected to the proposed removal of risk-weighted assets from the denominator of the...

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HUD trims FHA red tape; groups want MIP cut next

HUD trims FHA red tape; groups want MIP cut next

The Department of Housing and Urban Development has announced 14 changes to the Federal Housing Administration program, claiming eliminating these...

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Kevin Warsh sworn in as Federal Reserve chair

Kevin Warsh sworn in as Federal Reserve chair

Key takeaway: Kevin Warsh, President Donald Trump’s pick to lead the central bank, is now officially the chair of the...

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California bills would pause mortgage payments in disasters

California bills would pause mortgage payments in disasters

Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California...

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Mortgage trade groups back call for updates to Basel III

Mortgage trade groups back call for updates to Basel III

A consortium of mortgage and banking trade groups is voicing support for changes to a capital risk framework governing depository...

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DOJ says CFPB’s preliminary injunction cannot be modified

DOJ says CFPB’s preliminary injunction cannot be modified

Key Insight: The Justice Department told a federal court that an existing preliminary injunction does not require the acting director...

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CFPB court battle with union continues with no end in sight

CFPB court battle with union continues with no end in sight

Key Insight: The Consumer Financial Protection Bureau is going to run out of money early next year, putting the agency...

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CFPB tees up second funding battle with Supreme Court

CFPB tees up second funding battle with Supreme Court

Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought says he cannot request money for the bureau because the...

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FHFA inspector general is gone amid wider changes

FHFA inspector general is gone amid wider changes

The inspector general of the Federal Housing Finance Agency has reportedly been ousted, leaving vacant a key internal overseer.  Acting...

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FHFA set to end equitable housing finance plans for GSEs

FHFA set to end equitable housing finance plans for GSEs

The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule, stating...

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