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30 Jul 2016, 6:11 am
Four of the Proposed Amendments that are highlighted by the CFPB in the press release would (1) create a tolerance for the total of payment calculation; (2) exclude recording fees and transfer taxes from the one percent fee limit that applies to the TRID rule exemption for down payment assistance and similar subordinate lien loans often made by housing finance agencies, non-profits, and similar entities; (3) amend the scope of the TRID rule to cover units in a… [read post]
29 Jul 2016, 6:21 am
The report came about in response to separate study that ranked FEC staff morale second to last among 41 small federal agencies studied. [read post]
28 Jul 2016, 10:54 am
District Court for the District of Nevada recently confirmed that a homeowner association’s foreclosure of its superpriority lien cannot extinguish a property interest of Fannie Mae or Freddie Mac while those entities are under the Federal Housing Finance Agency’s (FHFA) conservatorship. [read post]
26 Jul 2016, 5:00 am
The roundtable expressed a number of concerns about the proposal, including that it is “overly prescriptive, could create additional tax compliance difficulties for the individuals and institutions to which it applies, and would make U.S. financial institutions less globally competitive,” and then provided its own recommendations.The SEC, along with the Office of the Comptroller of Currency, the Department of Treasury, the Fed, the FDIC, the Federal Housing… [read post]
20 Jul 2016, 8:04 am
CII expressed its views in a comment letter to the agencies that developed the proposal, which are the SEC, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp., the Federal Housing Finance Agency, and the National Credit Union Administration. [read post]
Insurance Companies – Are You Covered? The Dodd-Frank Proposed Rules on Incentive-Based Compensation
19 Jul 2016, 1:00 pm
Such regulations or guidelines are to be issued by the Federal Reserve, Office of the Comptroller of the Currency (OCC), FDIC, National Credit Union Administration (NCUA), Securities and Exchange Commission (SEC), and Federal Housing Finance Agency (FHFA). [read post]
15 Jul 2016, 6:38 am
House candidates during the 2010 election. [read post]
8 Jul 2016, 7:23 am
Graetz & Greenhouse: Michael’s longtime agent Wendy Strothman, of the Strothman Agency in New York, shopped our proposal around, and of the offers we received, we preferred Simon & Schuster’s reactions to our ideas and plans for our book. [read post]
5 Jul 2016, 3:08 pm
On June 29, 2016, the Federal Housing Finance Agency published a report outlining its perspective on the credit risk transfer programs of Fannie Mae and Freddie Mac as well as providing an overview of upfront CRT transaction structures. [read post]
24 Jun 2016, 12:45 pm
Local governments are responsible for providing housing, education, and jobs to new arrivals. [read post]
24 Jun 2016, 9:42 am
The White House also got into the game, holding a FinTech summit with various White House and Administration officials. [read post]
24 Jun 2016, 6:54 am
House than the White House. [read post]
20 Jun 2016, 3:05 pm
In a putative class action alleging failure to timely record satisfactions of mortgages, the Supreme Court of Ohio recently held that a cease-and-desist order issued by the Federal Housing Finance Agency (FHFA) to Federal National Mortgage Association (Fannie Mae) did not preclude the trial court from exercising jurisdiction under the federal statute governing judicial review […]Mickey J. [read post]
20 Jun 2016, 1:14 pm
On June 15, 2016, the Federal Housing Finance Agency’s “Report to Congress” for 2015 was released. [read post]
17 Jun 2016, 5:28 am
The party agreed to make a $325,000 payment to end the dispute over whether it illegally spent money from a federal account on mailers to benefit Malloy, who was participating in the state’s public campaign financing program. [read post]
16 Jun 2016, 9:30 pm
Department of Labor (DOL) finalized a rule that will prevent federal contractors from discriminating based on sex, including protections against pay discrimination, sexual harassment, and discrimination based on pregnancy or gender identity—the announcement comes at the beginning of the White House Council for Women and Girls’ United State of Women Summit, and the rule, according to DOL Federal Contract Compliance Programs Director Patricia Shiu, is intended to… [read post]
10 Jun 2016, 6:47 am
Senate Bill 2361 and House Bill 7388 clarify the defi [read post]
6 Jun 2016, 4:24 pm
They also seize records that fall outside the scope of their warrant on the advisor’s personal finances and non-suspect clients. [read post]
3 Jun 2016, 6:53 am
Federal: Are Members of Congress Overpaid? [read post]
1 Jun 2016, 10:02 am
In taking such actions, AFR wants the CFPB to work with the Federal Housing Finance Agency, HUD, and the federal banking agencies. [read post]
