HUD: FHA Announces 2026 Loan Limits
New loan limits for Single Family Title II forward and Home Equity Conversion Mortgages Increase for calendar year 2026 Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) announced loan limits for calendar year 2026 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM) mortgage insurance programs. Loan limits for most of the country will…
Federal Reserve: FRB Announces Reappointment of Reserve Bank Presidents and First Vice Presidents
Following a comprehensive review by the boards of directors of the regional Reserve Banks, and the unanimous concurrence of Federal Reserve Board members, the Federal Reserve on Thursday announced the reappointment of Federal Reserve Bank presidents and first vice presidents. By law, all Reserve Bank presidents and first vice presidents serve five-year terms, with each…
HUD: Fair Housing Investigation Launched into Boston’s Race-Based Housing Plan
Today, the Department of Housing and Urban Development’s (HUD) Office for Fair Housing and Equal Opportunity (FHEO) notified the City of Boston that it has initiated an investigation into the City’s so-called “Diversity, Equity, and Inclusion” (DEI) housing practices, which HUD believes violate civil rights protections under the Fair Housing Act and Title VI. “We…
OCC: Comptroller Issues Statement on Bank Supervision and Regulation at the Financial Stability Oversight Council Meeting
Comptroller of the Currency Jonathan V. Gould today issued a statement at the Financial Stability Oversight Council meeting about the Office of the Comptroller of the Currency’s (OCC) work to strengthen its supervision and regulation of banks to better support the U.S. economy. In his statement, Comptroller Gould discussed the OCC’s recent regulatory efforts to…
CFPB: ANPR Issued to Define Larger Participants of the Automobile Financial Market
The Consumer Financial Protection Bureau (CFPB) is seeking information to assist it in considering whether to propose a rule to amend the test to define larger participants in the automobile financing market established by the Bureau’s Defining Larger Participants of the Automobile Financing Market and Defining Certain Automobile Leasing Activity as a Financial Product or…
CFPB: ANPR Issued to Define Larger Participants of the Consumer Debt Collection Market
The Consumer Financial Protection Bureau (CFPB) is seeking information to assist it in considering whether to propose a rule to amend the test to define larger participants in the consumer debt collection market established by the Bureau’s Defining Larger Participants of the Consumer Debt Collection Market Final Rule published on October 31, 2012 (Consumer Debt…
CFPB: ANPR Issued to Define Larger Participants of the International Money Transfer Market
The Consumer Financial Protection Bureau (CFPB) is seeking information to assist it in considering whether to propose a rule to amend the test to define larger participants in the international money transfer market established by the Bureau’s Defining Larger Participants of the International Money Transfer Market Final Rule published on September 9, 2014 (International Money…
CFPB: Rescission Proposed for Rule Requiring Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders
The Consumer Financial Protection Bureau (CFPB) is proposing to rescind its rule requiring certain types of nonbank covered persons subject to certain final public orders obtained or issued by a government agency in connection with the offering or provision of a consumer financial product or service to report the existence of the orders and related…
CFPB: ANPR Issued to Define Larger Participants of the Consumer Reporting Market
The Consumer Financial Protection Bureau (CFPB) is seeking information to assist it in considering whether to propose a rule to amend the test to define larger participants in the consumer reporting market established by the Bureau’s Defining Larger Participants of the Consumer Reporting Market Final Rule published on July 20, 2012 (Consumer Reporting Larger Participant…
CFPB: Report Issued on the Buy Now, Pay Later Market
The market for buy now, pay later (BNPL) credit, typically a four-payment loan with no interest used by consumers to make retail purchases, continued to expand between 2019 and 2023. Using data provided by six large BNPL companies, the CFPB examined trends in the BNPL market for calendar years 2019 to 2023. The report includes…