Trump administration

California Gov. Gavin Newsom plans to ask the legislature to revamp the current Department of Business Oversight and rename it the Department of Financial Protection and Innovation, modeled after the federal CFPB.

Mortgage rates fell to their lowest level since October as the financial markets reacted to rising tensions caused by the U.S. government's killing of an Iranian general, Freddie Mac said.

Federal Housing Finance Agency Director Mark Calabria discussed the possibility of having Fannie Mae and Freddie Mac operate under a consent order to allow the government-sponsored enterprises to be able to raise capital.

The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.

Yields on the 10-year Treasury slipped in Jan. 3's morning hours as investors moved money into safer instruments following the U.S. attack that killed an Iranian general.

The case before the court deals mainly with a statutory clause limiting the president’s ability to fire a CFPB director. But briefs filed with the court say striking that provision does not fully solve the bureau’s constitutional problems.

Consumer attorneys are filing more Telephone Consumer Protection Act lawsuits than ever and if a piece of follow-up legislation becomes law, the peril to mortgage lenders will grow.

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.

President Trump lets his thoughts be known through Twitter and those tweets can have a direct impact on the economy and interest rates, according to Clever Real Estate.

General Motors is providing $40 million in seller financing to the purchaser of its Lordstown, Ohio assembly plant.