The Consumer Financial Protection Bureau today updated its rulemaking agenda for 2017. According to the agenda, the bureau expects to issue a final rule on arbitration in consumer financial agreements around February and to finalize proposed tweaks to the TILA-RESPA integrated disclosures around March. The bureau is also continuing with its early-stage rulemaking activities on overdrafts, debt collection and lending to small businesses.
FHFA and Treasury Department will delete provisions in the preferred stock purchase agreements governing the conservatorships of Fannie Mae and Freddie Mac that were previously suspended after multiple groups raised concerns about their effects on housing markets.
Construction spending in November 2024 was at a seasonally adjusted annual rate of $2.15 trillion, virtually unchanged from the revised October estimate. The November figure was 3% above the estimate from a year before.
Federal agencies have changed their supervisory practices regarding liquidity risk management since the failure of Silicon Valley Bank, but only regulation can provide the public confidence needed to guard against future bank runs, outgoing Acting Comptroller of the...
Home prices increased 3.6% in October 2024 compared to the same month a year ago, down from a 3.9% rise the previous month, according to the S&P CoreLogic Case-Shiller Index.
Pending home sales increased 2.2% in November 2024 from the prior month, the National Association of Realtors said.
DOJ’s filing asked the high court to narrow the “district court’s vastly overbroad injunction.”
