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The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt to fire agency director Richard Cordray and if Congress can successfully restructure the agency by changing its leadership and funding.
December 27 -
State mortgage regulators and attorneys general are likely to step up enforcement of lending rules if the Consumer Financial Protection Bureau takes a less activist stance in the Trump administration.
December 27 -
Deutsche Bank will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.
December 27 -
It is not a clear-cut statement to say Fannie Mae and Freddie Mac need more capital, and it detracts from the real debate over long-term housing finance reform.
December 27 -
Congress wants to put the federal flood program on sounder financial footing, encourage the development of a private flood insurance market and stop the insanity of rebuilding properties subject to repetitive flooding.
December 23 -
he Department of Justice is criticizing an appeals court ruling striking down the Consumer Financial Protection Bureau's single-director structure, saying the decision overstepped Supreme Court precedent.
December 23 -
Treasury sweep agreement set to deplete Fannie and Freddie's capital reserves by the end of 2017.
December 23 -
Deutsche Bank and Credit Suisse Group agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in the banks and raised questions about their turnarounds.
December 23 -
Regulators have warned about the dangers of high commercial real estate concentrations despite bankers' assertions that they are managing risk better compared to the financial crisis. Still, CRE concerns could influence M&A and loan diversification in 2017.
December 22 -
Barclays was sued by the U.S. Justice Department for allegedly deceiving investors who bought mortgage-backed securities, according to court papers filed in federal court in Brooklyn.
December 22