Regulations, enforcements and industry practices have evolved since the inception of Dodd-Frank. Today’s regulatory landscape is more challenging than ever, with increased scrutiny by regulators, less time for organizations to react and stricter enforcement actions for violations. These new demands are forcing firms to look for new ways to monitor and manage change and ensure they are compliant.
Loan defaults associated with the three late summer hurricanes could have a more immediate effect on MGIC Investment Corp.'s secondary market capital cushion than proposed changes by Fannie Mae and Freddie Mac.
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, has requested no funding from the Federal Reserve in the second quarter and instead will use reserves to fund the agency.