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25 May 2011, 1:45 pm
The Federal Housing Finance Agency, which took over Fannie Mae in 2008, told a Washington federal court judge today that in a wrongful termination suit before the court, Fannie Mae should not be considered any more public than a bank deemed "too big to fail" by the federal government. [read post]
25 May 2011, 3:19 am
Most students expect that the college education they have financed will pay for itself down the road. [read post]
23 May 2011, 6:38 am
A new letter by the Office of the Comptroller of the Currency sketches how the national bank regulatory agency will implement preemption provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act, sending the clearest signal yet on what those sections will mean for national banks and federal thrifts. [read post]
17 May 2011, 12:25 pm
The seven agencies involved in the joint rulemaking process include the Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, the National Credit Union Administration, the Securities and Exchange Commission, and the Federal Housing Finance Agency. [read post]
17 May 2011, 9:48 am
During the Great Depression, lawmakers created new federal agencies to refinance delinquent mortgages, insure and finance newly issued mortgages and expand federal farm credit programs. [read post]
17 May 2011, 9:48 am
During the Great Depression, lawmakers created new federal agencies to refinance delinquent mortgages, insure and finance newly issued mortgages and expand federal farm credit programs. [read post]
17 May 2011, 9:33 am
Attorneys for a former Fannie Mae executive suing the mortgage giant for wrongful termination are challenging the Federal Housing Finance Agency's effort to join the case, characterizing the move in a filing today as "a bad faith delaying tactic. [read post]
16 May 2011, 11:12 am
For instance, the Federal Housing Administration (FHA) will not allow applicants with low credit scores to boost them with nontraditional data. [read post]
16 May 2011, 9:47 am
" Tuesday, SEC Chairman Mary Schapiro, in testimony on Capitol Hill, told the House Oversight and Government Reform Committee that "fraudulent investment schemes disguised as investment opportunities" accounted for 22 percent of the agency's enforcement actions in 2010. [read post]
16 May 2011, 2:29 am
The FDIC’s Semiannual Regulatory Agenda (December 20, 2010), for example, describes that agency’s intended rulemaking on Alternatives to the Use of Credit Ratings in the Risk Based Capital Guidelines of the Federal Banking Agencies. [read post]
15 May 2011, 3:44 pm
In response to these realities, the Federal Communications Commission is considering requiring robust disclosure by TV stations of the major donors of political ads; the Securities and Exchange Commission is considering requiring public corporations to disclose to stockholders their spending on politics, and the White House has drafted an executive order to require companies applying for federal contracts to disclose their spending on political campaigns. . . . [read post]
15 May 2011, 12:32 pm
In response to these realities, the Federal Communications Commission is considering requiring robust disclosure by TV stations of the major donors of political ads; the Securities and Exchange Commission is considering requiring public corporations to disclose to stockholders their spending on politics, and the White House has drafted an executive order to require companies applying for federal contracts to disclose their spending on political campaigns. . . . [read post]
13 May 2011, 8:00 am
Defending that right for all Americans is why the ACLU today is filing a lawsuit in federal court in Boston on behalf of a 24-year-old computer programmer and Cambridge activist named David House. [read post]
12 May 2011, 4:22 am
Banks have ratios they must comply with in order to be considered solvent by federal banking regulators. [read post]
11 May 2011, 3:00 am
Readers can customize the alerts to include only changes related to a particular title of the Act, to one or more substantive areas, or to actions taken by one or more regulatory agencies. [read post]
10 May 2011, 9:25 am
Department of Justice (“DOJ”), the Federal Housing Finance Agency (“FHFA”), and other state and federal agencies are actively engaged in investigations regarding the mortgage finance industry and are seeking to identify institutions and individuals who played a role in the functional collapse of private financial markets. [read post]
3 May 2011, 12:36 pm
Died in House Finance Committee when legislature adjourned. [read post]
29 Apr 2011, 2:33 pm
Management Report: Opportunities for Improvement in the Federal Housing Finance Agency's Internal Controls and Accounting Procedures, GAO-11-398R, April 29, 2011... [read post]
28 Apr 2011, 6:25 pm
So we were pleased to see that the Federal Housing Finance Agency has essentially forbidden dual-track foreclosures for a huge proportion of the nation's mortgages -- those owned by Fannie Mae and Freddie Mac. [read post]
28 Apr 2011, 6:15 am
The Department of Treasury Comptroller of Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision and the Federal Housing Finance Agency have entered into a consent order with MERS, wherein MERS is being forced to correct the errors that have plagued foreclosure processes nationwide. [read post]
