Mortgage Bankers Association report examines outcomes from pandemic-era relief programs
A new report from the Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA) examines borrower outcomes following pandemic-era relief programs. After the onset of the COVID-19 pandemic in 2020, many homeowners avoided foreclosure, supported by swift public- and private-sector actions that provided immediate mortgage relief. By the end of 2021, more than 80 percent of borrowers who entered forbearance had exited and resumed payments or paid off their loans. However,...
Read More
Featured
Reps. Boyle, Jayapal introduce bill to add 2% tax on those making $50M-plus
Reps. Brendan Boyle (D-PA) and Pramila Jayapal (D-WA) are among a group of Congress members that introduced legislation ...Read More »
Rep. Waters seeks information from Kansas City Fed on crypto exchange approval
U.S. Rep. Maxine Waters (D-CA) is seeking information from the Federal Reserve Bank of Kansas City regarding its recent ...Read More »
Senators introduce bill to repeal adjusted tax income limited exclusion on global income
U.S. Sens. Shelley Moore Capito (R-WV), John Cornyn (R-TX), Marsha Blackburn (R-TN), and Jon Husted (R-OH) introduced a ...Read More »
Sens. Hagerty, Alsobrooks introduce bill to expand deposit insurance coverage
U.S. Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) introduced legislation that expands deposit insurance covera...Read More »
CFTC launches new Innovation Task Force
The U.S. Commodity Futures Trading Commission (CFTC) launched a task force dedicated to advancing clear rules for innova...Read More »
Senators introduce legislation to address credit repair scams
U.S. Sens. Chris Coons (D-DE) and Lisa Murkowski (R-AK) introduced legislation recently to address fraudulent credit rep...Read More »
Trump admin rolls out legislative framework for AI
The Trump administration recently issued a national legislative framework for the use of artificial intelligence or AI. ...Read More »
Federal regulators propose changes to capital framework for banks
Federal bank regulatory agencies are seeking public comments on three proposals to modernize the regulatory capital fram...Read More »
Sens. Cassidy, Ricketts introduce bill to stop Congress members from buying stocks
U.S. Sens. Bill Cassidy, M.D. (R-LA) and Pete Ricketts (R-NE) introduced legislation in the U.S. Senate that seeks to pr...Read More »
Bill to reauthorize two small business programs gets approved in Congress
The U.S. House of Representatives passed bipartisan legislation to reauthorize the Small Business Innovation Research (S...Read More »
