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Mortgage Politics and Legislation


President Obama news | Democrat news | Republican news


Last Updated Monday, July 28, 2014 03:52 PM Central


New HUD Secretary Sworn In
The new head of the U.S. Department of Housing and Urban Development has been sworn in to his new job.

Julián Castro replaces Shaun Donovan

Castro Confirmed as HUD Secretary
President Barack H. Obama's nominee to oversee the Department of Housing and Urban Development has been confirmed for the job.

HAMP, HARP Programs Extended
The Obama administration's Making Home Affordable initiative is being extended. In addition, the administration is taking steps to reignite non-agency securitizations.

HUD Chief Nominee Sails Through Confirmation Hearing
President Barack Obama's pick to head the Department of Housing and Urban Development faced little resistance from senators at his confirmation hearing.

House Subcommittee Authorizes CFPB Subpoena
An investigation within the House of Representatives into alleged discrimination and retaliation at the Consumer Financial Protection Bureau is moving on to the subpoena stage.

House Passes QM Legislation
The House of Representatives has approved legislation that would exclude some fees from the maximum fee calculation on Qualified Mortgages.

President Announces HUD Secretary Nominee
President Barack Obama is making some changes in his administration that include a new chief for the Department of Housing and Urban Development.

Current HUD chief Shaun Donovan nominated to be OMB director

Mortgage Servicers Under Attack in New York
Whether through legislation or regulation, mortgage servicers in New York -- especially non-bank servicers -- are increasingly facing a hostile environment.

Housing Reform Bill Advances in Senate
Bi-partisan legislation to reform the U.S. housing finance system, which had previously stalled, has moved forward in the Senate. At least three industry trade groups were happy to see the bill advance.

Housing Reform Bill Back on the Calendar
Legislation to overhaul the U.S. housing finance system is back in play after stalling in a Senate committee.


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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.
watch full video


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