-
Even with Republicans controlling both Congress and the White House, it's highly unlikely the Consumer Financial Protection Bureau will be completely eliminated. However, under the new presidential administration's oversight, many of its more aggressive policies will likely change.
November 10
Offit | Kurman -
The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank and the structure of the Consumer Financial Protection Bureau and the extent to which he will act upon them remains unclear.
November 10
Community Home Lenders of America -
Banks have been waiting on Justice Department guidelines on how to make their websites compliant with the Americans with Disabilities Act, but many are being advised to take action now or face lawsuits from disabled customers.
November 10 -
New York Community Bancorp will not receive regulatory approval for its deal to buy Astoria Financial by the end of the year as initially planned.
November 10 -
After a divisive campaign in which Donald Trump fiercely criticized his rival's ties to Wall Street, the president-elect appears to be considering JPMorgan Chief Executive Jamie Dimon as Treasury secretary.
November 10 -
While mortgage rates moved somewhat higher in the period before the election, after the results were known, the yield on the 10-year Treasury broke above 2%, according to Freddie Mac.
November 10 -
The heightened refinancing activity is seen as increasing Ginnie Mae prepayment speeds and reducing the value of mortgage servicing rights.
November 10 -
Mortgage lobbyists are eager to seize on Republican victories in the House, Senate and White House races, hoping to advance the industry's aims in the next Congress.
November 9 -
The overwhelming majority of candidates supported by the mortgage industry by and large performed well on Election Day, with one notable exception.
November 9 -
President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.
November 9 -
PHH Corp. has agreed to pay a $28 million fine to the New York Department of Financial Services to settle allegations its servicing and origination units mistreated borrowers.
November 9 -
Farmer Mac's third-quarter net income increased 95% to $16.4 million over the same period one year ago due to a $5.4 million increase in the fair value of financial derivatives.
November 9 -
There was another surprise Tuesday as Republicans managed to keep a Senate majority following the elections, likely giving the gavel of the Banking Committee to Sen. Mike Crapo, a right-of-center Idaho lawmaker who has proven willing to reach across the political aisle in the past.
November 9 -
The New York real estate mogul Donald Trump defied all conventional wisdom by winning the presidency, a huge upset that is sending shock waves through the political and policy establishment.
November 9 -
Republican presidential nominee Donald Trump's shocking victory left world markets rattled, and financial services companies facing an uncertain future.
November 9 -
Despite more than a year of campaigning, Donald Trump remains a huge question mark when it comes to banking policies making it unclear exactly what his priorities will be now that he has upset election forecasts and succeeded in winning the White House.
November 9 -
Donald Trumps stunning upset in the presidential race is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.
November 9 -
Donald Trump has already done the impossible by winning the presidency, but once he takes office he may have to do so again by finding a way to pay for the across-the-board tax cuts he promised during his campaign.
November 9 -
PHH Corp. is getting out of the private-label mortgage origination business in the wake of Merrill Lynch ending its relationship, plus it is selling its Ginnie Mae servicing rights to Lakeview Loan Servicing.
November 9 -
Mortgage application volume decreased 1.2% from one week earlier as rates increased to their highest level since June, according to the Mortgage Bankers Association.
November 9











