U.S. Sens. Tim Scott (R-SC) and Bill Hagerty (R-TN) are among a group of lawmakers voicing their opposition to a proposal to purchase and guarantee single-family closed-end second mortgages. In a ...
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U.S. Sens. Mike Rounds (R-SD) and Martin Heinrich (D-NM) expressed their concerns to the U.S. Securities and Exchange Commission (SEC) over a rule dealing with conflicts of interest. Specifically, ...
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On Thursday, U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), urged the U.S. Trustee program (USTP) to education borrowers and other stakeholders about new bankruptcy guidance that ma...
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On Thursday, the Commodity Futures Trading Commission (CFTC) ordered J.P Morgan Securities, LLC, o pay a $200 million penalty over its failure to capture billion of orders in its surveillance systems....
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Intercontinental Exchange (ICE) issued a white paper that examines expenses, known as fee cures, that are eroding mortgage lender profits. The TILA-RESPA Integrated Disclosure (TRID) rule, also kno...
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Last week, the U.S. House of Representatives passed a bill that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). Unlike decentralized cryptocurrencies, like B...
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On Wednesday, the Securities and Exchange Commission (SEC) said it had settled charges with The Intercontinental Exchange, Inc. (ICE) for allegedly causing nine wholly-owned subsidiaries to fail in re...
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The U.S. Senate Committee on Small Business and Entrepreneurship introduced four bills that deal with various issues, including improvements to the State Trade Expansion Program (STEP) and enhanced ac...
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The U.S. House of Representatives passed a bill this week that seeks to provide consumer protections and regulatory certainty for digital assets. The Financial Innovation and Technology for the 21...
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On Thursday, U.S. Sen. Ron Wyden (D-OR) urged the Centers for Medicare & Medicaid Services (CMS) to enforce penalties on brokers who submit fraudulent enrollments for a health plan. Wyden, the cha...
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