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Mortgage Politics and Legislation

Last Updated October 14, 2018 10:43 PM Central

Frmr CFPB Director Facing Nemesis in Ohio Gov Race
Richard Cordray, the former director of the Consumer Financial Protection Bureau, is battling his nemesis for the chief executive job in the Buckeye State.

Growth Drives Hirings at Gateway Mortgage Group
Continued growth is being cited by Gateway Mortgage Group LLC for a recruiting campaign to add a hundred employees to its network of mortgage locations. The growth comes as the company's founder executes his gubernatorial aspirations.

FHFA Director Accuser Testifying at House Hearing
The woman who is accusing the man in charge of the Federal Housing Finance Agency of sexual harassment is testifying before Congress Thursday.

Sen. Warren Introduces Housing Bill
Sen. Elizabeth Warren has introduced housing legislation that she says will eliminate the housing supply shortage and create more than a million new jobs. The proposed law would be funded through higher taxes on wealthy families.

House Bill Addresses Poor CFPB Guidance
Legislation that has advanced in the House of Representatives addresses sharp criticism the Bureau of Consumer Financial Protection kept lenders in the dark about complying with agency guidance.

Housing Finance Overhaul Bill Has Little Chance
A bill that was proposed on the 10-year anniversary of the government seizure of Fannie Mae and Freddie Mac has little chance of becoming law.

CFPB Chief Nominee Approved by Senate Committee
Despite the Senate Banking Committee's partisan approval today for Kathy Kraninger to serve as director of the Consumer Financial Protection Bureau, she has plenty of detractors.

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.

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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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