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Mortgage Politics and Legislation

President Obama news | Democrat news | Republican news

Last Updated May 19, 2016 11:02 AM Central

Trump, GOP Proposing Dodd-Frank Rewrites
Donald Trump says he will deliver a plan that's "close to a dismantling" the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

U.S. Mortgage Firms Listed in Panama Papers
Nestled among the entities that were recently exposed from a year-long investigation of millions of documents that contained details about secret offshore holdings by companies and prominent individuals are a trio of inactive U.S. mortgage firms.

Transitional Mortgage Licensing Bill Opposed
A non-bank mortgage trade group is opposing legislation that would allow former bank loan officers to originate while obtaining a state license.

FHFA Examinations of Nonbank Servicers Proposed
The Federal Housing Finance Agency should have the authority to examine non-bank clients of Fannie Mae and Freddie Mac, a government report recommends.

Conferences Cover TRID, Politics
Topics to be covered at upcoming mortgage industry events include the TILA-RESPA Integrated Disclosures and compliance. Politics is also on the agenda at two events.

Former AIG Chief Reflects on Financial Crisis
The former chairman and chief executive officer of American International Group recently spoke before a gathering about leading the company during the financial crisis.

Credit Unions Lobby for Less Dodd Frank
Credit unions say that cumbersome regulations intended for big Wall Street banks is increasing their compliance costs and hurting revenues. So they are lobbying for changes.

Credit Union Regulator Stepping Down
The person in charge of the federal regulator that oversees the nation's credit unions will step down after more than six years in the post.

GSE Regulator Warns About Ongoing Conservatorships
The regulator and conservator of Fannie Mae and Freddie Mac has issued a warning about leaving the mortgage duo in their current state of conservatorship.

Report Highlights Weak Financial Crime Prosecution
There's a new Warren report out, and this one takes a look at the poor job by federal prosecutors and regulators of prosecuting financial crimes.

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Democrats Berate Fannie, Freddie Regulator
In an video that was apparently motivated by politics, Democratic congressmen and congresswomen are chronicled berating the former director of Fannie Mae's and Freddie Mac's regulator.
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