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Mortgage Politics and Legislation

Last Updated August 3, 2018 9:09 AM Central



Survey Shows Bipartisan Consumer Support for CFPB
A new survey suggests that consumers -- Republican and Democrat -- haven't been swayed by Trump administration efforts to paint the Consumer Financial Protection Bureau as bad for the economy.

Flood Insurance Extension Approved
With the hurricane season upon us, lawmakers in Washington have voted for a temporary extension of the National Flood Insurance Program -- a move applauded by mortgage bankers.

Fmr Trump Lawyer Got $3.5 Mil Mortgage Before Raid
Just days before his home and office were raided by the FBI, President Donald Trump's former personal lawyer took out a $3.5 million non-traditional mortgage.

Politician Questions Wells Fargo Mortgage Layoffs
A U.S. senator is demanding more information from the chief executive officer of Wells Fargo & Co. about mortgage job cuts in his state as the company outsources work overseas.

Dodd-Frank Rollback Raises Risk for Non-Banks
Recently enacted legislation to roll back some of the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act is likely to have a negative impact on non-bank home lending.

Deputy Director Drops CFPB Lawsuit
Following President Donald J. Trump's nomination of a permanent director for the Consumer Financial Protection Bureau, a challenger to the acting director has dropped her lawsuit.

Massive Gov Overhaul Impacts USDA Rural Housing
A sweeping consolidation of the federal government proposed by the Donald J. Trump administration would have government-backed rural housing finance changing agencies.

CFPB Chief Nominee Named
The White House has signaled that an employee of the Office of Management and Budget will be nominated to run the nation's consumer financial watchdog.

MBA Reveals New CEO
After months of speculation, the Mortgage Bankers Association has found a replacement for its departing iconic leader. The new chief is a seasoned executive with an Ivy League education.

CFPB Chief: New Law to Improve Credit Access
The acting director of the Consumer Financial Protection Bureau says that the new financial regulatory overhaul law will improve consumers' access to credit.


complete archive of political mortgage news


Financial Regulation News | Mortgage Regulations
Bank and mortgage regulators, regulations and regulatory actions. Coverage of regulatory legislation and testimony.

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Political Mortgage News | Mortgage Laws
Mortgage people in politics. Political contributions by mortgage companies. Coverage of political support by lenders and executives. GSE lobbying and issues.



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