Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
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Items Tagged with 'House Financial Services Committees'

ARTICLES

CFPB employees: Workplace discrimination getting worse, leadership absent

Retaliation against CFPB employees called “a fact”
Trey Garrison
Witnesses who work at the CFPB told Congress today that discrimination and retaliation at their workplace has actually gotten worse since initial reports from April 2014, and that there's a failure of leadership all around. Want to know more?
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Whistleblowers to testify on alleged discrimination at CFPB

The charge: Protective agency fails to protect its employees
Trey Garrison
More than a year after House hearings revealed a culture of alleged discrimination and retaliation at the CFPB, two new witnesses are coming forward charging that rather than getting better, discrimination at the bureau is getting worse.
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Monday Morning Cup of Coffee: The end of “disparate impact” in housing today?

Plus two Realtors held at gunpoint, interest rates and whither RMBS?
Trey Garrison
Today is a big legal day for housing, as the Supreme Court will determine whether housing policy is subject to the onerous burdens of “disparate impact.” Plus, housing metrics for the week and a look at mortgage bond performance. Do you want to know more?
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Democrats push new bill allowing community banks to exceed QM rule

Bill has broad support among Democratic committee members
Ben Lane
The leading Democrats on both the Senate Banking Committee and the House Financial Services Committee are pushing a new bill designed to provide regulatory relief to community banks and increase consumer protections. Most notable among the bill’s provisions is a stipulation that would allow smaller banks to exceed the QM rules while still qualifying for QM Safe Harbor.
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Industry welcomes TRID grace period but Congress says it’s not enough

Some members want a definitive period, more assurances
Trey Garrison
The TRID grace period is being hailed by the industry but some in Congress think the CFPB’s actions don’t go far enough. Find out what they're saying and doing.
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Dodd-Frank reform, TILA-RESPA dominate House hearings

Committees dig into details of regulatory oversight
Trey Garrison
At least three hearings on Capitol Hill this week should grab the attention of the housing industry, spanning the gamut from Dodd-Frank to TILA-RESPA and more. Here's where the action will be.
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Overwhelming majority in House vote to expose CFPB activity

Measure would have Congress watch the watchmen
Trey Garrison
The bureau that turns its spotlight on the American economy may be getting the spotlight turned on it, as Democrats and Republicans came together Tuesday to open the CFPB to much greater scrutiny. Have a look behind the curtain.
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Mortgage lending and finance industry get boost in housing regulatory reform bills

House passes slate of bipartisan bills to ease burden, encourage homebuying
Trey Garrison
The home lending and mortgage finance industry saw big gains this week on Capitol Hill, as a number of bipartisan bills from the House Financial Services Committee were passed during “Financial Independence Week.” Here's the rundown on the goods.
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Huge Mortgage Choice Act critic was supporter in August

Maxine Waters stands against bill she urged Senate to pass in 2014 letter
Trey Garrison
The ranking Democrat on the House Financial Services Committee took to the House floor to strongly oppose a measure the mortgage industry says is critical. But the thing is, just nine months ago, she just as strongly wanted it passed. Read on.
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House marking up key mortgage, regulatory reform bills

These could have serious impact on housing finance, mortgage lending
Trey Garrison
Mired though they be in the bog of committee procedure and moored though they are to the whim of every committee member, key bills that could drastically improve mortgage lending and finance struggle to leave port.
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