Regulation and compliance
Regulation
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President Trump reinstated a revised executive order from his first term that would make it easier for the White House to remove policy-facing federal employees — including Senior Executive Service employees. The National Treasury Employees Union sued the White House in response.
January 21 -
Mortgage trade groups responded to the executive order by proposing potential solutions such as having the FHA cut the mortgage insurance premium and reining in third-party service providers.
January 21 -
The Federal Deposit Insurance Corp.'s newly installed Acting Chairman Travis Hill issued a statement laying out his priorities for the agency, including reviewing and repealing Biden-era bank regulations, a softer approach to fintech and crypto and addressing so-called debanking.
January 21 -
Sunsetting the federal oversight of Fannie Mae and Freddie Mac could ease the cost of renewing President Trump's 2017 tax act, but doing so is an uphill battle.
January 21 -
Part one of five in a series: TRID and the regulatory landscape.
January 21 -
A one-page outline of priorities for Trump's inauguration day obtained American Banker includes financial policy items, including firing Consumer Financial Protection Bureau Director Rohit Chopra, issuing a "reset" of that agency and designating crypto as a "national priority."
January 20 -
Legal arguments in this case hinge on whether products offered by HEI platforms should fall under the Truth in Lending Act.
January 17 -
Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.
January 17 -
Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence and allowed previously deleted inaccuracies to be reinstated on credit reports. The credit reporting bureau also shared inaccurate credit scores and data about consumers with lenders.
January 17 -
The agreement with the Securities and Exchange Commission resolves allegations of employee supervision shortcomings in the bank's capital markets division.
January 16 -
Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, highlighting his preference for relaxed bank regulation, support of the 2017 Trump tax cuts and a hawkish approach to spending.
January 16 -
Hedge fund manager Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, will appear before the Senate Finance Committee for his confirmation hearing Thursday morning starting at 10:30 am.
January 16 -
The Senate Banking Committee Chair launched an agenda that puts agencies on a shorter leash and separately took aim at the FHFA recent moves.
January 16 -
The incoming Trump administration's 'agency review team' has landed and is expected to name an acting director of the Consumer Financial Protection Bureau. Republicans on the Federal Deposit Insurance Corp. or the Federal Trade Commission are among the most likely candidates.
January 15 -
Without admitting wrongdoing, Equifax agreed to pay $725,000 because of a three-week error which lowered credit scores for 77,000 New Yorkers.
January 15 -
The Supreme Court heard oral arguments in Thompson v. United States, which could decide whether the federal government can prosecute "misleading" in addition to "false" statements to the Federal Deposit Insurance Corp.
January 15 -
Lawsuits challenging the Consumer Financial Protection Bureau's final rule on medical debt are the latest issues facing banks ahead of Donald Trump's return.
January 15 -
The finalized rule adds flexibility to the capital rules applied to the Federal Home Loan banks to help them extend credit to their members.
January 14 -
The Federal Housing Administration mortgagee letter finalizes a draft put out for comment in November on the inclusion of rental payments from a boarder.
January 14 -
The Department of Justice argues that mortgage lenders, including Rocket Mortgage, should be held accountable for the work of third-party appraisers.
January 14


















