The problem: regulations differ from state to state, creating liability issues for lenders...

Toomey had originally requested a response by June 21 but none was made. A new demand came on Monday.

“You can cut people in five minutes but if you need to rehire them, you’re going to have a tough time getting them back,” said industry consultant Paul Hindman.

The panel focused on three bills, two of which are still in draft phase.

President Biden has nominated Julia Gordon to be the next FHA commissioner. Also, the White House has picked CFPB Acting Director Dave Ueijo as assistant secretary for fair housing.

The report accused her of fostering a "culture of witness intimidation” and “a pattern of staff abuse.” In particular, it criticized the IG for refusing to cooperate with investigators and shunning congressional oversight.

New Acting FHFA Director Thompson's first personnel move: elevate existing staff.

The common and “junior” preferred investors were (more or less) given up for dead in late 2008...

After months of rumors, Julia Gordon was tapped to lead FHA...