Regulatory reform

At a time when costs continue to soar and regulators weigh reforms for Fannie Mae and Freddie Mac, more than half of the Democratic presidential candidates have talked about housing on the campaign trail.

The effort to delay CECL comes a week after a House panel mounted a bipartisan attack on the new FASB standard.

The biggest deal in more than a decade has sparked debate about the pressure for more bank consolidation and whether consumers will be hurt.

More than 5,500 credit unions will receive a dividend this week, the second time in two years the agency has returned funds to the institutions it regulates.

Both Democrats and Republicans devoted considerable time at a House Financial Services Committee hearing last week to lamenting how the accounting standard will hurt small lenders.

Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship.

The Federal Reserve is considering revising Regulation D, which limits consumers to six transfers per month on savings and money market accounts through certain methods.

His administration is looking at different alternatives to reform the housing finance system.

Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders.

Craig Phillips, who has been developing the Trump administration's plan to help free Fannie Mae and Freddie Mac from conservatorship, will leave Treasury next month.