Top Six Stories from Regulation and Reform
August 20, 2012 2:21 PM
Romney's choice of vice presidential candidate generated a lot of attention in the mainstream press — and among bankers. Some, like American Banker editor-in-chief Neil Weinberg saw the move as bad news for financial institutions hoping for a Romney victory . Ryan also provided more of a track record on banking issues than his running mate. One of them — his push to privatize Fannie Mae and Freddie Mac — may end up influencing Romney if they win the election.
(Image: Bloomberg News)
In any other week this would have been the biggest story. Julie Williams, the longtime No. 2 at the Office of the Comptroller of the Currency, said she was leaving Sept. 30. The announcement was surprising and - from what we can tell — not voluntary on Williams' part .
(Image: Bloomberg News)
The Treasury Department announced Friday it was restructuring its ongoing bailout of Fannie Mae and Freddie Mac by eliminating a 10% dividend and requiring the companies to give all their profit to the government. What did this move mean for GSE reform? We answer all your questions here .
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It wasn't just his VP candidate that made news for the Romney campaign. Two wide-ranging regulatory proposals — which so far have received scant attention — could put the brakes on implementation of the Dodd-Frank Act .
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The FDIC is working on a policy statement that would provide more details about how systemically important financial companies would be resolved under Dodd-Frank.
(Image: Bloomberg News)
Federal regulators unveiled proposals on Aug. 15 that would toughen appraisal standards . One plan would require an initial appraisal for "higher-risk" mortgages that would include an interior inspection of the home, as well as a follow-up appraisal in specific cases. The CFPB, meanwhile, simultaneously issued a different proposal that would strengthen borrowers' ability to get free appraisal reports.
(Image: Bloomberg News)
