CFPB doubles down against marketing services agreements

CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House

FHFA: August home prices down 0.1% from prior month

August home prices dipped 0.1% from July on a seasonally adjusted basis and fell 4% from year-ago levels, according to the Federal Housing Finance Agency. The federal regulator and conservator of mortgage giants Fannie Mae and Freddie Mac said its home price index is now 19% below peak levels of April 2007 and at a level last seen in February 2004. The August drop is the first monthly decline reported since March. Prices edged higher in the months heading into the summer season. Home price changes in August from July ranged from a drop of 1.3% in the West-North Central division to an increase of 0.9% in the South Atlantic region, according to the FHFA. Earlier Tuesday, the Standard & Poor's/Case-Shiller index showed August home prices inched higher 0.2% from the prior month. Write to Kerri Panchuk.

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