Law and regulation

The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.

Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to be repeatedly submerged.

FHFA Director Mel Watt sketched a regulatory vision that included greater scrutiny of funding mechanisms and large exposures to single borrowers.

President Trump has nominated Paul Compton, an Alabama attorney with affordable housing experience, to serve as general counsel for HUD.

Lenders are objecting to the Trump administration's proposed $30 million fee designed to partially fund upgrades to the FHA.

In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."

The JPMorgan Chase CEO was in rare form at the Milken Institute conference, speaking without a filter on a range of controversial topics.

Mortgage Bankers Association President David Stevens is confident that housing finance reform will move forward under the Trump administration, but criticized calls to simply let the government-sponsored enterprises recapitalize and be returned to shareholders without additional reforms.

The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America to the lower court.

Wells Fargo Bank has dramatically increased its borrowings from the Federal Home Loan Bank of Des Moines, more than doubling the San Francisco institution's level of advances.