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The Senate Banking Committee approved Julian Castro, the mayor of San Antonio, on Wednesday to head the Department of Housing and Urban Development.
June 25 -
The House Financial Services Committee remains divided, largely along party lines, over whether to renew the charter of the Export-Import Bank of the United States.
June 25 -
An Office of the Comptroller of the Currency emerging risk report said underwriting for indirect auto and leveraged loans is cause for concern.
June 25 -
Sen. Thad Cochran, R-Miss., won a key primary runoff contest Tuesday night, securing the likelihood that Sen. Richard Shelby, R-Ala., will resume his chairmanship of the Banking Committee if Republicans take control of the Senate.
June 25 -
The regulator of Fannie Mae and Freddie Mac (FMCC) will conduct a series of town-hall events to convince hundreds of thousands of U.S. borrowers with little or no equity in their homes to refinance.
June 25 -
The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.
June 25
National Mortgage News -
A recent court ruling affirms that customers can be held responsible in cases of wire transfer fraud. But banks arent off the hook.
June 25
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Federal Reserve Board Gov. Daniel Tarullo said Wednesday that banks will need to continue to improve their capital planning processes as part of their annual stress test exercise.
June 25 -
Fannie Mae and Freddie Mac suffered "significant financial harm" from "excessively priced" force-placed insurance, an inspector general's report says, advising their regulator to assess whether to sue banks and insurers for damages.
June 25 -
A confluence of events, including the defeat of House Majority Leader Eric Cantor, has increased the chance that Congress won't renew the charter of the Export-Import Bank. Private banks receive billions of dollars in U.S. support for loans made to promote American exports.
June 24






