Policymaking

New affordable housing goals go easy on Fannie and Freddie

06/29/17

The Federal Housing Finance Agency made just incremental changes to two of the seven affordable housing benchmarks.

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Credit unions cleared to securitize loans, amplifying threat to banks

06/26/17

The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.

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Housing groups take aim at flood insurance bills

06/23/17

The National Association of Home Builders is objecting to a measure that would impose a surcharge on National Flood Insurance Program policies for newly constructed homes.

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‘Why the double standard?’: Comments of the week

06/23/17

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

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Acting comptroller's wish list echoes long-held demands by banks

06/21/17

Acting Comptroller of the Currency Keith Noreika is expected Thursday to offer detailed proposals to loosen regulatory restrictions on financial institutions of all sizes, including simplification of the Volcker Rule, streamlined processes for approving de novos and curbs on CFPB exam authority.

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Warren calls for removal of most of Wells' board

06/19/17

Sen. Elizabeth Warren, D-Mass., asked Federal Reserve Chair Janet Yellen on Monday to remove 12 Wells Fargo board members because of the fake-accounts scandal.

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Trump chooses top Republican aide as next FDIC chair

06/17/17

Though FDIC Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday.

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HUD releases $219M for affordable housing trust fund

06/16/17

While HUD has released money this year, the Trump administration has called for defunding the program as part of its proposed budget.

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Cordray fights back against House Republican contempt threat

06/16/17

CFPB Director Richard Cordray took issue with a House Republican report that said he lied about his agency's role in investigating the Wells Fargo phony-accounts scandal.

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House panel advances two flood insurance changes, but divisions remain

06/15/17

The House Financial Services Committee passed two flood insurance bills, but postponed more work until next week.

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