A group of 26 U.S. senators wrote a letter to CFPB Director Richard Cordray urging him to delay new mortgage rules set to take effect in January 2014.
Alaska Democrat joins 25 GOP lawmakers in asking CFPB to delay new rules that take effect in January.
Trade groups cite modest economic recovery in survey results released Wednesday at National Press Club in Washington.
Bill Hampel, senior vice president and chief economist at CUNA, told Congress Nov. 5 his trade association supports the Corker-Warner bill's general approach to housing finance reform, but he suggested several areas in need of improvement.
Chief economist Bill Hampel testifies on housing finance reform Tuesday before Senate Banking Committee.
Citing the timing of cash flows, NCUA Director of Examination and Insurance Larry Fazio answered critics who have questioned the need for future corporate assessments in comments released to the press Aug. 14.
CUNA and the Chip Filson-led Co-Ops for Change may be singing off different song sheets, but the chorus is the same: The corporate assessment era should end.
Hampel will appear at first hearing on Senate GSE Reform legislation.
CUNA reports overall loan growth, NAFCU cites credit card balance uptick and worries about sequester.
The U.S. housing finance market may be poised for a historic shift away from a long trend of primarily refinancing existing real estate loans to primarily funding new real estate purchases.