Ian McKendry

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

Though it's too early to have a concrete plan regarding Fannie Mae and Freddie Mac, the administration is creating a set of principles that it hopes to release in a few months.

The president's budget calls for eliminating the Treasury's Community Development Financial Institution grant program, which often benefits poor and rural consumers in areas that Trump easily carried in the election.

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.

Republicans have opened multiple fronts against the agency, undertaking separate efforts to cut its funding, roll back past and future rules, and make far broader changes.

A vote on a House plan to replace the Dodd-Frank Act may not happen as quickly as originally expected due to limited floor time and other legislative priorities, such as health care reform, that are likely to take precedent.

In President Trump’s first joint address to Congress, he listed several top priorities, including repealing Obamacare and enacting tax reform, but made no mention of reforming the Dodd-Frank Act.

President Trump signed an executive order Friday requiring every agency to establish a task force focused on eliminating unnecessary regulations.

The Consumer Financial Protection Bureau's arbitration rule will likely be overturned by Congress if the agency moves ahead with finalizing it.

Senate Banking Committee Chairman Mike Crapo said Wednesday that although he plans to begin working on housing finance reform and changes to the Dodd-Frank Act, the poor relationship between Democrats and Republicans will slow any progress.

The Senate Finance Committee approved the nomination of Treasury Secretary-designate Steven Mnuchin 14-0 on Wednesday after changing the rules to allow Republicans to vote without any Democrats present.

The Mortgage Bankers Association is trying to jump-start discussions around housing finance reform even as political dysfunction on Capitol Hill is reaching new lows.

The Mortgage Bankers Association unveiled a new housing finance reform plan on Tuesday designed to kick-start congressional discussions over what to do with Fannie Mae and Freddie Mac.

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth, but here are challenges the new administration will face.

Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.

Steven Mnuchin's time as OneWest CEO is expected to draw ample attention at his nomination hearing, but it will not be the only issue to come up as senators try to gauge how he would lead President-elect Trump's financial policies.

Treasury Secretary-designate Seven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government control.

The House Financial Services Committee will see a shuffling of deck chairs among the leadership of its subcommittees in the new Congress as it also welcomes 10 new Republican members.

The Senate Banking Committee is scheduled to hold a hearing Jan. 12 on the nomination of Dr. Ben Carson as Secretary of the Department of Housing and Urban Development.