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Mortgage Politics and Legislation

President Obama news | Democrat news | Republican news

Last Updated December 2, 2016 2:48 PM Central

House Passes Bill to Peel Back Dodd-Frank Provision
On Thursday, the House of Representatives voted to pass legislation that would raise the threshold for banks that are considered to be too big to fail.

Quicken Lobbyist Named to Trump Transition Team
A Quicken Loans Inc. executive who until recently was registered as a lobbyist for the firm has been named to President-elect Donald J. Trump's transition team.

Former BBT Chief Eyes Fed Chair Job
The former chief executive officer of BB&T Corp., who has called for abolishing the Federal Reserve, says he'd be interested in running the central bank.

Frmr Owner of Ocwen Unit Named to Trump Cabinet
President-elect Donald J. Trump has indicated that he intends to name two people with mortgage ties to his cabinet. One previously owned an Ocwen Financial Corp. unit, and the other wants to privatize the government-sponsored enterprises.

No Need to Preserve Dodd-Frank Errors
An editorial from The Orange County Register says there is no reason to preserve errors in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Treasury Secretary Candidate Has Mortgage History
One of the top contenders for Treasury secretary in a Donald J. Trump administration was a big mortgage player in the wake of the financial crisis.

Dr. Ben Carson Serious Contender for HUD Secretary
A former contender for the Republican presidential nomination is being considered to lead the Department of Housing and Urban Development.

Frank Warns Against Repeal of Dodd-Frank
The co-sponsor of the Dodd-Frank Wall Street Reform and Consumer Protection Act is warning that a repeal of the law could lead to another crisis.

FHA MMI Fund Improves 4th Consecutive Year
For the fourth year in a row, the capital position of the Federal Housing Administration's mortgage insurance fund has shown improvement.

Full Repeal of Dodd-Frank Unlikely
While changes are likely to the Dodd-Frank Wall Street Reform and Consumer Protection Act under a Donald J. Trump administration, a full repeal is unlikely.

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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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