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    Weekly People
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    Top industry voices submit final comments on looming TRID changes
    The industry’s last chance to change the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule just closed. On Tuesday, the door shut on the ability for the industry to comment on the bureau’s proposed updated to the new rule. Now the industry can only sit back and wait.
    NCUA reveals it paid $1 billion to lawyers in fight to recover credit union crisis losses
    In 2013, the National Credit Union Administration filed suit against some of the world’s biggest banks over the sale of nearly $2.4 billion in faulty residential mortgage-backed securities to several corporate credit unions, which subsequently failed during the financial crisis, due in part to losses from those very same mortgage bonds. The total amount recovered for the failed credit unions in th...
    Fannie Mae: Economic growth to slow down remainder of 2016
    Fannie Mae adjusted its economic growth predictions for the second half of 2016, revising it down from its previous predictions. However, economic growth is still projected to be significantly greater than the first half of the year.