The comment period closed last week on a July proposal from HUD.

In a speech Monday, Michael Barr largely defended the Basel proposal while also encouraging feedback to help with potential revisions.

After FHFA finishes a review of the Federal Home Loan Bank system, the agency will issue at least one proposed rule with reforms.

Justices appointed by Republican presidents were among those who expressed some skepticism about arguments offered by the Community Financial Services Association of America.

A coalition of consumer groups, including the National Consumer Law Center, recommend that lenders adopt a reconsideration of value process “as close to mandatory as possible outside a formal rule.”

An amicus brief filed by the Mortgage Bankers Association and other housing industry trade groups was discussed Tuesday in the Supreme Court.

Leaders of the Mortgage Bankers Association and the Housing Policy Council argue that the government's role in the mortgage market is too large.

Washington Trust Company agreed to spend at least $9 million on lending efforts in majority-Black and Hispanic neighborhoods though the bank won't pay a civil monetary penalty.

“No one wants the CFPB to go away, no one wants the rules to be unenforceable,” said Nanci Weissgold, a partner at the law firm Alston & Bird.

FDIC examiners determined that the bank could have done more to encourage new borrowers to sign up for adjustable-rate mortgages.