Frank Opposed to Placing CRA Under New Agency’s Jurisdiction
July 6, 2009
There is some resistance to an Obama administration regulatory restructuring plan to allow the Consumer Financial Protection Agency to administer and enforce the Community Reinvestment Act. House Financial Services Committee Chairman Barney Frank, D-CT, said he is hesitant to move the CRA to the new agency, although he did not clearly explain...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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