The Connecticut House of Representatives voted overwhelmingly Wednesday to extend the state's foreclosure mediation through 2019, a compromise bill accepted by banking lobbyists.
Hundreds of lawmakers from both sides of the political aisle are pushing for the Consumer Financial Protection Bureau to grant a grace period for banks, credit unions and other lenders to comply with a new mortgage disclosure rule.
Barclays dismissed mortgage-bond trader Yoon Seok Lee over claims that he lied to clients.
The Seattle City Council later this month will begin weighing a bill giving some tenants a longer warning period before being evicted and a second bill making it easier for public agencies to buy rental units in order to keep them affordable.
» End Fannie and Freddie's Free Ride on Government Credit
» At Long Last, a Compromise on Dodd-Frank Reform
» Don't Play Telephone with Vendor Oversight
» Fixing Your Culture Without Deflating Your Team
» Nothing and No One Is Too Small for the CFPB
» Freddie Mac's Audit Survival Guide for Lenders
» CFPB Mortgage Changes Would Boost American Homeownership
» Watch for Variations Among States' Minimum AMC Requirements
» High LTV Lending Is Actually a Good Thing
» Demonize Housing All You Like, It's Still Critically Important
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