HPC In The News

House Passes Bill to Extend Veteran Foreclosure Protection

The House of Representatives passed S. 2393 yesterday to extend the one-year protection from foreclosure in the Servicemembers Civil Relief Act. The Senate already signed the bill in 2015, and will extend relief to veterans through 2017.

John Dalton: There’s still time to fix Fannie and Freddie

OpEd by John Dalton, President of the Housing Policy Council: It’s 2016, and since 2008, Fannie Mae and Freddie Mac have been in government conservatorship. Does that mean it’s time to give up on reforming the housing finance system? The answer is no. It is still possible to move away from this government-sponsored enterprise model and create...

Trade groups join Congress to push CFPB for formalized TRID grace period

A large group of industry trade organizations is joining Congress in pushing the CFPB to adopt a formalized grace period for the enforcement of the complex TILA-RESPA Integrated Disclosure requirements that go into effect Aug. 1.

HPC Participates in Military Consumer Protection Day Twitter Chat

This week FSR’s Housing Policy Council participated in a Military Consumer Protection Day Twitter Chat to discuss industry efforts to assist military consumers with their unique financial services needs.

Senate bill to overhaul Fannie, Freddie gets rave reviews

“The mortgage market is a complex and intricate part of our nation’s economy and addressing the many concerns and interests of a wide range of participants will require much negotiation, compromise and cooperation,” he said. Specifically, the bill would require the private market to hold 10 percent of the first loss of any...