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"Every regulation should have to pass a simple test: Does it make life better or safer for American workers or consumers?" President Trump said Friday
BY Ian McKendry
President Trump signed an executive order Friday requiring every agency to establish a task force focused on eliminating unnecessary regulations.
Ocwen Financial Corp. has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.  more »
The Consumer Financial Protection Bureau's arbitration rule will likely be overturned by Congress if the agency moves ahead with finalizing it.  more »
The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.  more »
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