Most Recent Regulation and compliance News

CFPB preliminary injunction likely modified by appeals panel

CFPB preliminary injunction likely modified by appeals panel

A federal appeals panel appeared sympathetic to issuing an administrative stay of a preliminary injunction, albeit with certain conditions to...

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Union says DOJ appeals to wrong court over CFPB injunction

Union says DOJ appeals to wrong court over CFPB injunction

The Trump administration’s appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken...

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Barr welcomes regulatory rethink but Fed needs to supervise

Barr welcomes regulatory rethink but Fed needs to supervise

Federal Reserve Gov. Michael Barr.Al Drago/Bloomberg The Federal Reserve’s former top regulator welcomes the Trump administration’s efforts to reform bank...

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Trump picks Russ Vought as acting CFPB director

Trump picks Russ Vought as acting CFPB director

Office of Management and Budget director Russell VoughtBloomberg News The Wall Street Journal is reporting that President Donald Trump has...

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U.S. Treasury says it was breached by Chinese-backed hacker

U.S. Treasury says it was breached by Chinese-backed hacker

The U.S. Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a...

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Suspended multifamily broker claims Fannie made an error

Suspended multifamily broker claims Fannie made an error

A commercial mortgage broker put on Fannie Mae’s suspended list says the move “was made in error” and put the...

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Townstone Financial agrees to settle redlining case

Townstone Financial agrees to settle redlining case

Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender...

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California begins registration of financial service providers

California begins registration of financial service providers

LOS ANGELES — California is getting the word out that four segments of the financial services industry — debt settlement...

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US Basel impasse casts doubt on international capital accord

US Basel impasse casts doubt on international capital accord

European Union flags near the EU Commission in Brussels, Belgium. Ksenia Kuleshova/Bloomberg As U.S. regulators grapple over a joint capital...

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Will FHFA IG’s report lead to a flood insurance crackdown?

Will FHFA IG’s report lead to a flood insurance crackdown?

The regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at...

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