Reverse Mortgages Drag Down FHA Insurance Fund Performance
The Federal Housing Administration’s reverse mortgage program continues to cause significant drag on the FHA’s mortgage insurance fund, the agency...
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House Passes Five-Year Flood Insurance Reauthorization
In a bipartisan vote today, the House passed H.R. 2874, which would reauthorize the National Flood Insurance Program for up...
N.Y. Fed: Household Debt Nears New Record of $13 Trillion
Outstanding household debt increased by 0.9 percent in the third quarter, rising by $116 billion to total $12.96 trillion, the...
FDIC’s Gruenberg Plans to Stay on Until Successor Confirmed
FDIC Chairman Martin Gruenberg today said he would remain in office after his term expires on Nov. 29 until a...
CFPB to Survey Consumers on Overdraft Disclosures
The Consumer Financial Protection Bureau is seeking information on overdraft-related disclosures, according to a filing to be published tomorrow in...
Utah Op-Ed Calls for End to Tax Exemption for Large Credit Unions
As lawmakers work to overhaul the U.S. tax code for the first time in more than three decades, an op-ed...
ABA Urges House to Pass Flood Insurance Reauthorization
ABA today urged the House to pass H.R. 2874, which would reauthorize the National Flood Insurance Program for up to...
