Browsing: Policy

Compliance and Risk

In a new blog post this week, the CFPB said it is “looking to use a long-dormant authority” under Dodd-Frank Act Section 1033, which relates to consumer access to financial records, “to help spur better credit card shopping and switching by proposing rules that give consumers more control of their financial data.”

Mortgage

Federal Housing Finance Agency Acting Director Sandra Thompson, President Biden’s nominee to lead the agency on a permanent basis, today told lawmakers that Congress must determine whether and how Fannie Mae and Freddie Mac will exit conservatorship.

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