On way out, Hensarling makes final case for GSE reform
The House Financial Services Committee held a hearing to examine the outgoing committee chairman's bipartisan GSE reform bill, but lawmakers were already looking ahead.
Regulatory reform
‘I am very excited to be here’: Kraninger signals new tone atop CFPB
The newly sworn-in director’s first public remarks seemed to contrast with the approach of her predecessor, Mick Mulvaney, who at times questioned the role of the agency.
How Waters will keep pressure on CFPB
Democrats on the House Financial Services Committee are expected to shine a spotlight on Trump-appointed regulators, but that light might shine brightest on one agency in particular.
Waters likely to raise affordable housing’s profile in GSE debate
The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.
Would CFPB nominee mirror Mulvaney or go her own way?
Kathy Kraninger, who may get a confirmation vote as early as this week, has suggested a similar vision to that of the agency’s current acting chief. But some see signs she could bring a different approach to the job.
Bank regulators propose expanding exemption for residential appraisals
The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.
Opinion Fannie, Freddie could fix what ails VA, FHA lending
The Trump administration should consider putting much of the subsidized mortgage lending done by the federal government under the government-sponsored enterprises to improve efficiency and transparency.
Willy Walker
Walker & Dunlop
Slowing down VA refi churn proving more difficult than expected
Ginnie Mae officials are concerned about unusual activity with Department of Veterans Affairs cash-out refinances and are investigating the causes, as well as whether predatory lenders are taking advantage of veterans.
Firm advising GSE investors updates plan to end conservatorships
The revised blueprint by Moelis & Co. LLC incorporates a pending regulatory capital plan for the mortgage giants.
Divided Congress = gridlock for financial services policy
The midterm elections virtually eliminate the chance that progress will be made on financial services legislation.
‘We do not determine our destiny’: A sit-down with outgoing Freddie CEO
Donald Layton, who has run the mortgage giant since 2012, discussed the busy agenda leading up to his departure and says Freddie can serve as a "technical adviser" in GSE reform talks.
CFPB’s inspector general asked to probe questions over political aide’s past writings
Questions surrounding Eric Blankenstein, a senior CFPB official whose racially charged writings from over a decade ago have led to calls for his resignation, have been referred to the agency's watchdog.
By
Joe Adler
Waters bill would reverse Mulvaney’s deregulatory efforts at CFPB
The senior Democratic lawmaker said the CFPB chief and the Trump administration "are doing everything in their power to roll back consumer protections."
Lawmakers seek more covered funds exclusions as part of Volcker changes
Seven Republican senators urged regulators on Monday to consider additional changes to the Volcker Rule's "covered funds" definition.
Supreme Court clash puts regulatory nominees on back burner
At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress.
In deregulatory era, Trump picks a throwback for Fed board
Whereas most regulators appointed in the Trump administration are focused on rolling back the post-crisis framework, Nellie Liang helped create it.
Regulators propose new capital treatment for higher-risk CRE exposures
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight.
FHFA takes another big step toward single security for GSEs
The Federal Housing Finance Agency issued a proposal Wednesday that would require mortgage giants Fannie Mae and Freddie Mac to align their policies on cash flows for current mortgage-backed securities, and eventually for a uniform security when it is implemented next year.
How Ginnie Mae could break stalemate on GSE reform
Housing finance reform is still likely years away, but a growing chorus of lawmakers say the government guarantor has the ability to clear the path to a final plan.
This GSE plan may go nowhere, but it still matters
The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.
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