Dec. 14, 2016
Hensarling, Waters Chosen to Lead House Financial Services Committee Again
HousingWire | Dec. 5, 2016
The halls and chambers of Congress are certainly going to look different when the 115th Congress begins its term in January.
The leadership of the House Financial Services Committee, on the other hand, will look just the same as it has in the last two Congressional terms, as Rep. Jeb Hensarling, R-Texas, and Rep. Maxine Waters, D-Calif., will again serve as the committee’s leaders.
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Obama Administration Appeals Judge's Ruling to Block Overtime Pay Rule
NPR | Dec. 1, 2016
The Obama administration is challenging a federal judge's decision last month to block the implementation of a new rule that would have made 4 million more Americans eligible for overtime pay.
The Department of Labor and its co-defendants recently filed a notice of appeal at the U.S. District Court for the Eastern District of Texas, the same day that the rule was set to take effect before the temporary injunction was issued.
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Trump vs. Cordray: The Battle Ahead
American Banker | Dec. 6, 2016
The CFPB and its director Richard Cordray are on a collision course with president-elect Donald Trump in what may become a nasty legal and political showdown over the limits to executive power.
A key question is whether Trump will attempt to fire Cordray soon after assuming the presidency next month even though there is a pending court appeal challenging his authority to do just that.
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GOP Prepares for Battle Over Dodd-Frank
The Hill | Dec. 11, 2016
Congressional Republicans say they want to change the Dodd-Frank Wall Street reform bill, not tear it apart.
While president-elect Donald Trump campaigned on a promise to “dismantle” the law, Republican lawmakers are setting their sights on a lower target.
With a Republican in the White House and the party in charge of both chambers of Congress for the first time since 2006, they say they have a chance to make important fixes to the law, despite a desire to scrap more of Dodd-Frank.
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Mortgage Defects Fall for First Time in a Year as TRID Issues Subside
HousingWire | Dec. 7, 2016
Oct. 3, 2016 marked the one-year anniversary of the implementation of TRID. Preparing for the rule, which is designed to help borrowers understand the terms and costs of their mortgage before closing, caused a number of issues for the mortgage industry, as home sales slowed, mortgage closing times rose and compliance issues with the new rules ran rampant.
Now, a new report from ARMCO shows that as the mortgage industry becomes more accustomed to operating in the post-TRID world, serious mortgage defects are actually declining.
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Register Today for Day at the Capitol
Register and book your hotel room for the 2017 Day at the Capitol: Feb. 13 - 14!
With the threat of deregulation we are under, showing strength in numbers and having our voices heard at the Capitol is critical. Make sure your representatives understand our system and how crucial it is, and make a difference in the future of your business and your industry by being part of this important event.
Get ready to come to Austin to advocate for your industry. We plan to pack the halls of the Capitol with title professionals!
Sponsorship opportunities for Day at the Capitol are currently available. Contact Linda Timmons via email or 512.879.2880 for more information.
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