| Key Updates |
| July 23, 2008 |
House to Consider H.R. 3221
The U.S. House of Representatives will consider today H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008 on Wednesday, July 23. |
| July 23, 2008 |
Joint Economic Committee Holds Hearings on Housing "Squeeze"
How Much More Can American Families Be Squeezed By Stagnant Wages, Skyrocketing Household Costs, And Falling Home Prices? |
| July 14, 2008 |
Federal Reserve Board Issues Final Rule Amending Regulation Z Provisions (Truth In Lending)
The rule prohibits unfair, abusive or deceptive home mortgage lending practices and restricts certain other mortgage practices. The final rule also establishes advertising standards and requires certain mortgage disclosures to be given to consumers earlier in the transaction. |
| July 8, 2008 |
VA Reaching Out to Vets with Mortgage Problems
Many home owners have found it difficult recently to pay their mortgages, but quick intervention by loan counselors at the Department of Veterans Affairs (VA) has actually reduced the number of veterans defaulting on their home loans. |
| June 30, 2008 |
Housing Bill Stalls Pending Resolution Of Energy Tax Amendment
The Senate was thwarted last week on getting to a final vote on the Housing and Economic Recovery Act of 2008 (H.R. 3221) when Sen. John Ensign (R-Nev.) insisted on an amendment to include $8.3 billion in tax incentives for renewable energy programs but since there was no offset, the amendment was not considered. |
| June 26, 2008 |
House Passes The National Guard And Reservists Debt Relief Act |
| June 17, 2008 |
FTC Staff Files Comments with HUD on Proposed Amendments to RESPA Regulations |
| June 10, 2008 |
FHA Seeks Downpayment Ban |
| May 28, 2008 |
FHA Revises Forms: Loan Underwriting and Transmittal Summary, and Addendum to Uniform Residential Loan Application |
| May 28, 2008 |
OCC Undermines OFHEO's Appraisal Agreement with NY AG |
| May 22, 2008 |
House Comm. Examines Impact on Homebuyers and Housing Market of Conforming Loan Limit Increase |
| May 20, 2008 |
Senate Banking Committee Passes Major Housing Legislation |
| May 15, 2008 |
ALTA Comments on RESPA by Kurt Pfotenhauer |
| May 13, 2008 |
HUD To Implement FHASecure Expansion Using Fair, Flexible Premium Pricing |
| May 6, 2008 |
Temporary Conforming Loan Limits Updated In Three Areas |
| May 5, 2008 |
Financial Services Committee Approves FHA Housing and Homeowner Retention Act |
| April 21, 2008 |
OFHEO Issues Examination Guidance On Fair Value Option |
| April 11, 2008 |
House Committee Hold Second Hearing - "Using FHA for Housing Stabilization and Homeownership Retention" |
| April 10, 2008 |
FHFB Approves A Proposed Rule Authorizing the FHLBs to Establish Set-Aside Programs For Refinancing Subprime Mortgage Loans |
| April 9, 2008 |
House Committee Holds First Hearing on Using FHA for Housing Stabilization and Homeownership Retention |
| April 8, 2008 |
Financial Services Committee to Hold April 9 and April 10 Hearing on Economic, Mortgage and Housing Rescue Bill |
| April 7, 2008 |
Foreclosure Relief Bill Debated on Senate Floor |
| April 2, 2008 |
Federal Reserve System Unveils a New System to Show Subprime and Alt-A Loan Mortgage Conditions |
| March 26, 2008 |
OFHEO Issues Final Guidance On Conforming Loan Limit Calculations |
| March 21, 2008 |
Comments Sought On Revisions To The Interagency Q&A Regarding Flood Insurance |
| March 19, 2008 |
OFHEO, Fannie Mae And Freddie Mac Rollout Initiative To Increase Mortgage Market Liquidity |
| March 16, 2008 |
OFHEO Seeks Comments On Enterprise Appraisal Code |
| March 12, 2008 |
OFHEO Finds Fannie Mae and Freddie Mac as Adequately Capitalized At End of 2007 |
| March 6, 2008 |
Senate Comm. Holds Hearing on GSE Reform Legislation |
| March 6, 2008 |
OFHEO Temporarily Increases GSE Conforming Loan Limits For High Cost Areas
|
| March 6, 2008 |
FHA Raises Mortgage Limits In High-Cost California Counties |
| March 3, 2008 |
Fannie, Freddie to Overhaul Appraisals in Cuomo Deal |
| February 8, 2008 |
Senate Committee Examines “Reforming the Regulation of the Government Sponsored Enterprises.” |
| February 1, 2008 |
House Passes Important Housing, Refinance and Foreclosure Avoidance Assistance in Economic Stimulus Bill |
| January 31, 2008 |
Senate Committee Holds Hearing On "Foreclosure Prevention and Neighborhood Preservation." |
| January 30, 2008 |
House Subcommittee Holds Hearing on the "Growing Mortgage Foreclosure Crisis" |
| January 24, 2008 |
Economic Stimulus Deal Reached By House and Administration—Final Deal Could Jumpstart Refinance Market |
| January 14, 2008 |
OFHEO Examines the Conforming Loan Limit and High-Cost Areas |
| December 27, 2007 |
President Signs Terrorism Insurance Extension |
| February 5, 2007 |
FDIC Extends Moratorium on ILC Applications |
| December 28, 2006 |
Fed, OTS Issue ARM Handbook |
| December 19, 2006 |
OFHEO Files Notice Of Charges Against Former Fannie Mae Executives [PDF] |
| December 13, 2006 |
Predatory Lending Rules Approved By Joint Committee Of Agency Rule Review |
| December 11, 2006 |
Traditional Mortgage Solution Now Even More Affordable |
| December 6, 2006 |
FTC Issues Interim Report to Congress on Results of Studies Required by FACT Act |
| December 5, 2006 |
Fannie Mae Announces Scheduled Restatement of 2004 10-K
Will Host Investor/Analyst Conference Call |
| November 30, 2006 |
OFHEO Director Says It's "Time to Get the Housing GSEs in Order" [PDF] |
| November 28, 2006 |
California Department of Insurance Issues Revised Proposed Regulations |
| November 17, 2006 |
FTC Brings Data Breach Case
Company Failed to Use Reasonable Security Measures to Protect Consumers’ Data |
| November 16, 2006 |
OFHEO Establishes Procedures For 2007 Conforming Loan Limit |
| November 6, 2006 |
FinCEN Assessment Reveals Suspected Mortgage Loan Fraud Continues to Rise |
| November 3, 2006 |
FEMA Publish Final and Proposed Flood Plain Elevations |
| November 2, 2006 |
HUD Publishes Final Rules for Good Neighbor Next Door Sales Program [PDF] |
| October 27, 2006 |
OHFEO Publishes Final GSE Record Retention Rules |
| October 16, 2006 |
MPF Provides Guidance on Title Policies |
| October 13, 2006 |
FEMA Publishes Final Rule on Flood Insurance Claims Appeals Process |
| October 13, 2006 |
HUD Announces Three Settlements With Builders Involved In Captive Title Reinsurance Arrangements |
| October 3, 2006 |
OFHEO Adopts Strategic Plan |
| October 3, 2006 |
Presidential Workings Group Finds Terror Insurance Market Improves |
| October 2, 2006 |
USDA Rural Development Introduces Guaranteed Underwriting System Pilot |
| September 27, 2006 |
House Subcommittee Hears About Catastrophic Terrorism Risk |
| September 21, 2006 |
Senate Committee Examines :Calculated Risk:
Assessing Non-Traditional Mortgage Products"
|
| September 20, 2006 |
House Subcommittee Examines "Improving Transparency in State Regulation of Insurer Investments."
|
| September 15, 2006 |
Financial Services Committee Members Urge Senate Action on GSEs
|
| September 13, 2006 |
2005 HMDA Data Released |
| September 13, 2006 |
Senate Committee Holds Hearings on "The Housing Bubble and Its Implications for the Economy" |
| September 2, 2006 |
House Subcommittee Holds Hearing On "Improving Transparency in State Regulation of Insurer Investments." |
| September 1, 2006 |
Oxley Urges Action on GSE Reform |
| August 30, 2006 |
OCC Releases A Study of Foreclosures of Subprime Mortgages in Chicago
Examines the Role of Predatory Lending Practices |
| August 29, 2006 |
IRS Extends Katrina Filing Deadline for Businesses |
| August 25, 2006 |
HUD Clarifies HECM Program Subordinate Liens and State and Local Court-Ordered Judgments and Judgment Liens [PDF] |
| August 24, 2006 |
Justice Department Drops Investigation of Fannie Mae |
| August 23, 2006 |
House Committee Holds Field Hearing on "Community Solutions for the Prevention of and Management of Foreclosures." |
| August 18, 2006 |
FEMA Identifies Communities Where Sale of Flood Insurance Are Scheduled for Suspension |
| August 9, 2006 |
OTS Concludes Federal Saving Associations May Engage in Insurance Activities [PDF] |
| August 4, 2006 |
House Committee Passes Social Security Number Protection Act |
| July 31, 2006 |
House Subcommittee Holds Field hearing entitled "Removing Barriers to Homeownership for Native Americans." |
| July 28, 2006 |
House Subcommittee Approves Law tor Protecting Social Security Numbers |
| July 28, 2006 |
House Sucommittee Examines "The Changing Real Estate Market." |
| July 26, 2006 |
House Passes Bill To Modernize Federal Housing Administration
Legislation Will Increase Access to FHA for Potential Homebuyers |
| July 25, 2006 |
Joint House Committees Examine "Terrorism Threats and the Insurance Market." |
| July 21, 2006 |
Baker Subcommittee Approves Brown-Waite’s Insurance Legislation |
| July 21, 2006 |
Florida Multi-Faceted Review of the Florida Title Insurance Industry |
| July 21, 2006 |
Joint Hearing Scheduled for July 25th On Terrorism and Insurance |
| July 14, 2006 |
Insurance Regulation Reform Subject of Senate Hearing
US Senate Committee on Banking, Housing, and Urban Affairs Conducts a Hearing on Insurance Regulation Reform |
| July 13, 2006 |
Property Owners One Step Closer To Getting Equal Access To Justice |
| July 7, 2006 |
Senate Banking Committee To Hold Hearing On Optional Federal Insurance Charter |
| June 29, 2006 |
House Passes The Flood Modernization and Reform Act (H.R. 4973) |
| June 28, 2006 |
President Signs Executive Order Regarding Private Property Rights |
| June 23, 2006 |
Standard Flood Hazard Determination Form and Instructions |
| June 22, 2006 |
Senator Talent Introduces Measure to Boost Homeownership |
| June 16, 2006 |
Senate Committee Holds Hearing on OFHEO's Special Examination of Fannie Mae |
| June 14, 2006 |
HUD Announces Review Of Fannie And Freddie Investments To Ensure Charter Compliance |
| June 13, 2006 |
Market Regulators Propose New Standards For Title Insurance And Annuity Products |
| June 13, 2006 |
Subcommittee on Financial Institutions and Consumer Credit Hearing
Entitled "Home Mortgage Disclosure Act: Newly Collected Data and What It Means." |
| June 9, 2006 |
House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises
Conducts Hearing
Entitled "OFHEO’s Final Report on Fannie Mae." |
| May 25, 2006 |
Senate Committee Passes Flood Insurance Bill |
| May 23, 2006 |
OFHEO Director Lockhart to Testify on OFHEO Report |
| May 18, 2006 |
Lawmakers Propose Bill to Reform Section 404 |
| May 18, 2006 |
SEC: Small Companies Not Exempt From Law |
| May 12, 2006 |
Fannie Mae Updates Hurricane-Related Special Relief Measures |
| May 10, 2006 |
Real Estate Services Company Settles Privacy and Security Charge
Company Tossed Consumers' Confidential Information in Dumpster; Company Computers Were Hacked |
| April 26, 2006 |
House Subcommittee on Housing and Community Opportunity Hearing entitled "Title Insurance: Cost and Competition." |
| April 25, 2006 |
ALTA Testifies on Title Insurance Before House Subcommittee nation’s title insurance marketplace, and the regulation and competitive nature of the title insurance industry. |
| April 25, 2006 |
GAO Releases a Report About the Title Industry |
| April 25, 2006 |
House Subcommittee to Survey Title Insurance Industry |
| April 21, 2006 |
Freddie Mac to pay $410 million in lawsuit settlements
Expects settlements to ding Q1 earnings by $220 million |
| April 19, 2006 |
Freddie Mac Settles With Federal Election Commission |
| April 19, 2006 |
House Subcommittee to hold hearing on title insurance, AfBAs |
| April 19, 2006 |
OFHEO Summarizes Comments Received Regarding Existing Regulations Of GSE |
| April 7, 2006 |
FCC Amends Rules To Implement Junk Fax Prevention Act Of 2005 |
| April 5, 2006 |
House Subcommittee Examines "Transforming FHA for the 21st Century." |
| April 3, 2006 |
Report Issued on Improving Financial Privacy Notices for Consumers |
| March 29, 2006 |
Fannie Mae Lists Changes for Resale-Restricted Properties |
| March 29, 2006 |
HUD Clarifies Closing Costs for Home Equity Conversion Mortgages [PDF] |
| March 24, 2006 |
FTC to Host Workshop on Alternative Mortgages on May 24 |
| March 17, 2006 |
House Panel Clears Flood Bill |
| March 16, 2006 |
Interagency Advisory On Influenza Pandemic Preparedness |
| March 14, 2006 |
House Committee on Financial Services Conducts Hearing to "Review of the Rudman Report on Fannie Mae." |
| March 9, 2006 |
Rudman to Testify on Fannie Mae Report |
| March 9, 2006 |
Small Business Subcommittee to Examine: "The State of Small Business Security in a Cyber Economy" |
| March 8, 2006 |
OTS Finds Local Lending Law Preempted for Federal Savings Associations |
| March 7, 2006 |
HUD Reports on Fannie Mae And Freddie Mac:
Enhanced Public Data And Recent Housing Goal Performance |
| March 2, 2006 |
President’s Working Group on Financial Markets Seeks
Comments on Long-Term Availability and Affordability of Terrorism Risk Insurance |
| February 24, 2006 |
Oxley Releases GAO Request Letter on Title Insurance |
| February 23, 2006 |
Fannie Mae Releases Rudman Report |
| February 23, 2006 |
Fitch Revises RMBS Guidelines for Antipredatory Lending Laws |
| February 23, 2006 |
Oxley Calls for Federal Investigation of Title Insurance
Requests report from Government Accountability Office |
| February 14, 2006 |
CRS Releases Report on "Data Security: Federal and State Laws" |
| February 10, 2006 |
Update on FEMA's Flood Hazard Map Modernization Initiative |
| February 3, 2006 |
Sen. Shelby Announces Banking Committee Priorities For Second Session Of 109th Congress |
| February 2, 2006 |
Fannie Mae releases an update to 2006 Selling Guide. [PDF] |
| February 2, 2006 |
NAIC Property and Casualty Insurance (C) Committee Reports on Terrorism Risk Insurance Act (TRIA)
|
| January 31, 2006 |
HUD Revises Borrower’s Closing Costs Guidelines (Mortgagee Letter 06-04) [PDF] |
| January 25, 2006 |
FTC Finds Identity Theft Top Fraud [PDF] |
| January 25, 2006 |
US Senate Committee Conducts Hearing On Proposals to Reform the National Flood Insurance Program |
| January 24, 2006 |
New Publication Explains Tax Law Changes Related to Recent Hurricanes |
| January 17, 2006 |
The House Subcommittee on Housing and Community Opportunity Examines “Housing Options in the Aftermath of Hurricanes Katrina and Rita” |
| January 16, 2006 |
Federal Financial Regulators Announce Public Service Campaign to Help Hurricane Victims |
| January 10, 2006 |
ALTA Comments on Proposed RESPA Web Site Complaint Questionnaire [PDF] |
| January 9, 2006 |
Treasury Offers Guidance to Terrorism Insurance Providers, Policyholders Under TRIEA [PDF]
Jan. 31 Deadline Looms for Insurers to Renew Lapsed Policies |
| January 4, 2006 |
FICEN Publishes Final Rule Implementing Section 312 of the USA PATRIOT Act [PDF] |
| January 4, 2006 |
Terrorism Insurance Act Extended by P.L. 109-144 |
| December 19, 2005 |
President Expected to Sign TRIA Legislation |
| December 14, 2005 |
FCC's Junk Fax Rules Coming |
| December 13, 2005 |
CRS Releases Analysis of: "Terrorism Risk Insurance" [PDF] |
| December 6, 2005 |
D.C. Circuit Rejects FTC Conclusion That Attorneys Are Subject to the GLBA Privacy Provisions |
| December 6, 2005 |
House Overwhelmingly Approves TRIA Legislation |
| December 2, 2005 |
Freddie Mac Foreclosure Suspension In Gulf Coast Hurricane Disaster Areas Extended Until February 28, 2006
Borrowers Urged to Call Servicers Following Dec. 1 End to Mandatory Forbearance |
| November 29, 2005 |
OFHEO Announces Maximum 2006 Conforming Loan Limit |
| November 21, 2005 |
8th Annual Analysis of Bundling Real Estate Service Released By Swanepoel Group |
| November 21, 2005 |
RESPA Resources |
| November 18, 2005 |
Terrorism Risk Insurance Bill Advances |
| November 11, 2005 |
Final EPA Rule Provides Liability Protection To Encourage Redevelopment Of Brownfields
|
| November 11, 2005 |
HUD Finalizes Rule To Make More Fannie Mae And Freddie Mac Mortgage Data Available To The Public |
| November 9, 2005 |
House Subcommittee on Financial Institutions and Consumer Credit Hearing on H.R. 3997, the "Financial Data Protection Act of 2005." |
| November 9, 2005 |
HUD Solicits Comments on (RESPA) Web Site Complaint Questionnaire |
| November 9, 2005 |
Nearly 30 Governors Request TRIA Extension in a Letter to Congress [PDF] |
| November 4, 2005 |
House Vote Counters Eminent Domain Measure |
| November 3, 2005 |
Media Coverage of this Issue |
| November 3, 2005 |
Oxley to End 25 Years of Service in Congress at End of 2006 |
| November 2, 2005 |
OFHEO Finds Fannie Mae Achieves 30 Percent Capital Surplus |
| November 1, 2005 |
HUD Settles Case Against Four Detroit Real Estate Brokers Over Violations Of Anti-kickback Rules
Agreements follow earlier settlement against Metropolitan Title Company |
| October 27, 2005 |
GSE Legislation Overwhelmingly Approved, 331-90 |
| October 20, 2005 |
House Subcommittee on Housing and Community Opportunity Conducts Hearing
"Management and Oversight of the National Flood Insurance Program." |
| October 17, 2005 |
Fannie Mae Addresses Hurricane-Related Mortgage Servicing and Underwriting Policies [PDF] |
| October 12, 2005 |
HUD Releases Revised Uniform Residential Loan Application (URLA) [PDF] |
| October 7, 2005 |
Financial Services Committee Members Introduce Comprehensive Bipartisan Consumer Data Protection Legislation |
| October 7, 2005 |
House Overwhelmingly Approves Three Hurricane Housing Relief Bills |
| September 30, 2005 |
FEMA suspends some communities from NFIP for noncompliance with the floodplain requirements [PDF] |
| September 28, 2005 |
Oxley, Frank Release GAO Report on Real Estate Competition |
| September 27, 2005 |
House Subcommittee on Housing and Community Opportunity Conducts a Hearing
"Licensing and Registration in the Mortgage Industry." |
| September 23, 2005 |
FEMA Offers Assistance to NFIP Private Sector Property Insurers [PDF] |
| September 23, 2005 |
Rep. Manzullo Introduces Legislation to Reduce Taxes on Small Business, Create U.S. Jobs |
| September 16, 2005 |
House Committee Conducts Hearing on "Emergency Housing Needs in the Aftermath of Hurricane Katrina." |
| September 15, 2005 |
Freddie Mac Extends Mortgage Relief To National Guard Engaged In Hurricane Katrina Operations
Reminds Servicers to Provide SCRA Protections to Active Duty Federal Service Personnel |
| September 15, 2005 |
Freddie Mac's Multifamily Division offers 90-days Forbearance to Borrowers with Apartment Buildings Affected by Hurricane Katrina |
| September 15, 2005 |
Hurricane Katrina Information and Resources for Mortgage Industry Professionals |
| September 13, 2005 |
Katrina Victims Will Have Until Jan. 3 2006 to File and Pay Taxes
IR-2005-96, Sept. 8, 2005 |
| September 13, 2005 |
OFHEO Enters Into Consent Order With Freddie Mac |
| September 9, 2005 |
Hearing Scheduled to Examine the Preventing Identity Theft and Protecting Financial Information |
| September 5, 2005 |
OFHEO Reaches Agreements With Fannie Mae, Freddie Mac On Subordinated Debt, Disclosures |
| August 15, 2005 |
FinCEN Offers Guidance on Currency Reporting |
| July 14, 2005 |
Senate Committee Conducts Hearing on Treasury Department’s Report to Congress Regarding The Terrorism Risk Insurance Act of 2002 |
| July 3, 2005 |
ALTA Action on SMART Legislation (State Based Insurance Regulation) |
| June 30, 2005 |
US Department of Treasury Issues Report on The Terrorism Risk Insurance Act - June 30, 2005 [PDF] |
| June 8, 2005 |
ALTA Submits Comments to House Committee on Predatory Lending [PDF] |
| May 26, 2005 |
Financial Services Committee Votes to Create Strong Regulator for the Secondary Mortgage Markets |
| May 19, 2005 |
OFHEO Classifies Fannie Mae As Significantly Undercapitalized For Fourth Quarter 2004 And Adequately Capitalized For First Quarter 2005 |
| May 11, 2005 |
ALTA Comments on SMART Act Discussion Draft Title VI: Commercial Property and Casualty Insurance, and Title VII: Personal Lines of Property and Casualty Insurance [PDF] |
| April 29, 2005 |
NAIC’s Release the Team Findings Review of the SMART Act [PDF] |
| April 22, 2005 |
SMART Act Discussion Draft
|
| April 14, 2005 |
Senate Committee on Banking, Housing, and Urban Affairs to Conduct Three Days of Hearings on "Regulatory Reform of the Housing Government-Sponsored Enterprises" |
| March 31, 2005 |
OFHEO Finds Freddie Mac Adequately Capitalized [PDF] |
| March 28, 2005 |
Fannie Mae Downgraded to B+ from A- for bank financial strength as new accounting issues identified;
Aaa affirmed for senior unsecured debt |
| March 18, 2005 |
Committee Approves Bill to Give Uninsured Working Families Access to Affordable Health Care |
| March 9, 2005 |
Fannie Mae Agrees to Put in New Controls
Fannie Mae Agrees in Second Deal With Regulators to Put in New Accounting Controls |
| February 3, 2005 |
Uniform Real Property Electronic Recording Act (SB 335) introduced in the Texas Legislature on 02/02/05
[PDF] |
| January 4, 2005 |
Captive Reinsurance Debate |
