Trump picks Russ Vought as acting CFPB director
Feb 8, 2025Office of Management and Budget director Russell VoughtBloomberg News The Wall Street Journal is reporting that President Donald Trump has...
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Most Recent Regulation and compliance News
Mortgage
U.S. Treasury says it was breached by Chinese-backed hacker
Dec 31, 2024The 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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Mortgage
Suspended multifamily broker claims Fannie made an error
Dec 12, 2024A commercial mortgage broker put on Fannie Mae’s suspended list says the move “was made in error” and put the...
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Mortgage
Townstone Financial agrees to settle redlining case
Nov 2, 2024Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender...
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Mortgage
California begins registration of financial service providers
Oct 25, 2024LOS ANGELES — California is getting the word out that four segments of the financial services industry — debt settlement...
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Mortgage
US Basel impasse casts doubt on international capital accord
Oct 9, 2024European 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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Mortgage
Will FHFA IG’s report lead to a flood insurance crackdown?
Sep 23, 2024The regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at...
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Mortgage
First Interstate joins others fined over flood insurance
Sep 7, 2024The civil money penalty that First Interstate Bank in Billings, Montana is paying to resolve alleged federal flood insurance violations...
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Mortgage
Mr. Cooper fallout, new regulations: Top mortgage news of August 2024
Sep 3, 2024Homeowners insurance is labeled as one of the hidden costs for property owners, and their escalating prices could have an impact on the...
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