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The Consumer Financial Protection Bureau has proposed requiring that mortgage servicers exhaust all efforts at assisting struggling borrowers before moving ahead with a foreclosure.

Michelle Drolet is CEO of Towerwall, a pure-play cybersecurity consulting firm offering security and compliance services with clients such as Foundation Medicine, Boston College, and UMass Medical Center. Founded in 1999 in Framingham, Mass., Towerwall focuses exclusively on providing organizations with customized cybersecurity programs. 

Contact her at michelled@towerwall.com or through LinkedIn at https://www.linkedin.com/in/michelle-drolet.

A growing number of states are tackling affordability struggles for middle-income renters, who have experienced the fastest increases in cost burdens over the past 20 years.

Declining refinance activity offset the growth in government-backed purchases, the Mortgage Bankers Association said.

The Department of Housing and Urban Development has come out with updates to the standard and limited FHA 203(k) program that the mortgage industry welcomed.

The REIT has decided not to sell any part of its business for now and has chosen to internalize its management, it announced Tuesday.

While cost cutting days are not over, mortgage lenders are emphasizing recruitment and retention, a Fannie Mae survey found.

Livia Benisty is the chief external affairs officer of Banking Circle.

The Federal Reserve chair said there is a consensus within the central bank's board of governors for reproposing its capital rules, but notes that other agencies have not yet signed off on this approach.

Jessica Lucas Judy is director, strategic issues at the Government Accountability Office.