Goldman Sachs: When will our kids move out?

Goldman Sachs: When will our kids move out?

Nearly half of California millennials still with parents

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

Items Tagged with 'NAFCU'


Financial trades oppose making unvetted CFPB complaints public

MBA, NAFCU say proposal would cause more harm than good
July 18, 2014
Two leading banking trade groups are not pleased with the Consumer Financial Protection Bureau’s proposal to make public unverified consumer complaints against financial institutions.
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Castro’s confirmation as HUD Secretary met with industry approval

President Obama, others praise San Antonio mayor
July 9, 2014
"I applaud the bipartisan majority of Senators who today confirmed Julián Castro as our next Secretary of Housing and Urban Development," President Obama said. "Julián is a proven leader, a champion for safe, affordable housing and strong, sustainable neighborhoods."
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Johnson-Crapo reform bill voted to Senate floor

Opponents say GSE reform measure won't go farther
May 15, 2014
The Senate Committee on Banking, Housing, and Urban Affairs put its hand to the future of GSE reform Thursday, voting to report Johnson-Crapo out of committee and to the full Senate.
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NAFCU members see regulatory costs spiking

Half plan to cease non-QM loans, 38% trimming
May 14, 2014

A survey of members of the National Association of Federal Credit Unions finds that while most say credit union lending has improved, new regulations and proposals threaten to increase costs and stall the lending activity growth. 

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7 problems NAFCU, CUNA and ICBA have with Johnson-Crapo

Trade coalition says GSE reform favors big lenders
April 14, 2014
Three financial trade associations have issued a joint letter protesting the direction in housing finance reform as biased in favor of large lenders, and they list seven specific concerns they have about Johnson-Crapo.
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GOP wants CFPB merged with other regulators

Democrats think cost-benefit analysis is 'dangerous'
April 8, 2014
The House Financial Services Committee hearing on the economic consequences of regulatory rulemaking and enforcement got heated because Democrats don't want cost-benefit analysis and Republicans want to merge regulators and bring them under Congressional oversight.
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Flood insurance rate hike delay passes House

House, Senate bills go to conference committee
March 4, 2014
The House on Tuesday evening passed a bill that would delay flood insurance rate hikes and derail reform efforts passed just two years ago with the Biggert-Waters act.
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NAFCU’s Dirty Dozen

Credit Union association outlines 12 goals for 2014
January 20, 2014
The National Association of Federal Credit Unions (NAFCU) published a list of what it calls the “Dirty Dozen” — a series of goals that the organization has for 2014. One of them might surprise you.
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QM storm could hit in weeks

Lawmakers scramble to set baseline, everyone wants more flexibility
January 14, 2014
House members and industry leaders say the harsh restrictions of QM could close off credit, hurt middle-income buyers, and stall out the housing market.
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How bad will QM hurt homeowners and home buyers?

House Financial Services Committee wants answers (already)
January 13, 2014
House leaders examining impact of QM in ongoing push-back against regulations that they say give preference to GSEs and take focus on real reform needed.
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