Republican jobs bill aims to repeal Dodd-Frank

 · Next to health care reform, no other recent legislation has caught as much heat as financial regulation. Born of the subprime housing mortgage scandal and financial meltdown three years ago, the Dodd-Frank legislation provokes either glowing praise from consumers and reformists or angry diatribes from industry officials and Republican lawmakers.

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House Republicans voted Thursday to deliver on their promise to repeal Dodd-Frank – the massive set of wall street regulations president Barack Obama signed into law after the 2008 financial crisis. In a near party-line vote, the House approved a bill, dubbed the Financial Choice Act, which scales.

LPS: Home prices remain at highest levels since 2007 Despite these relative improvements, real median household incomes for all groups remain well below their 2007 levels. Between 2007 and 2013, median household incomes declined by 9.2 percent (-$3,506) for African Americans, 5.7 percent (-,492) for Latinos, 5.6 percent (-$3,432) for whites and 9.7 percent (-$7,201) for Asians.

Because Dodd-Frank, the big banks like JPMorgan, Morgan Stanley, they. I think it's a big problem that Republicans and Democrats are pushing this bill.. be treated like tiny little community banks for purposes of oversight.. Elizabeth Warren discusses a Republican plan to repeal parts of Dodd-Frank,

CoreLogic: Only half of today’s mortgage originations meet QM requirements Housing industry pins hopes on Obama to soften down-payment rule – “Our intent as the drafters of this provision was, and remains, clear: to incent the origination. this week by mortgage data provider CoreLogic Inc. found that only half of home loans issued in.

The House passed a bill to overhaul the 2010 Dodd-Frank financial legislation on. Nolte: GOP Support for Trump Rises After Tweets Aimed at.

Fannie Mae selling $1.2B in non-performing loans Fannie Mae Announces Winner for Non-Performing Loan Sale. According to the GSE, the loan pools awarded in this most recent transaction include: CIP Pool 1: 667 loans with an aggregate unpaid principal balance of $129,233,129; average loan size of $193,753; weighted average note rate of 4.35 percent; weighted average delinquency of 30 months;

As the White House courts Senate Democrats as it tries to pick up additional support for the Republican tax reform effort, Sen. Ted Cruz (R-Texas) is risking alienating his colleagues across the aisle.

Florida housing market settles into “new normal” The court filings offer a rare glimpse into the inner workings of a high-end real estate deal gone. inducing the home builder to settle, the letter provoked Lennar to accuse Marsch of extortion. It.

Dodd-Frank rollback vital for economic growth? GOP Aims To Kill Obamacare Yet Again After Failing 70 Times. Republican officials tell Politico Graham’s bill could potentially reach 50 votes after a series of failed attempts in recent weeks to both repeal and replace, then simply repeal, Obama’s landmark health care initiative.

 · Dive Brief: Preoccupation with healthcare and tax-reform proposals might be preempting Republicans’ repeal of any Dodd-Frank provisions. Companies are calculating pay ratios, as the law currently requires, by Oct. 1 or before the year’s end, the Post says, to avoid getting stuck in.

By Simon JohnsonOn January 7, 2015, Day 2 of the new Congress, the House Republicans put their cards.

Republicans control the White House and both houses of Congress for the first time since 2007, and they have capitalized on this moment by circling their wagons and driving legislation that fits their.

The current bill aims to raise this threshold to $250 billion or more. If the bill passes, it will leave fewer than 10 big banks in the United States subject to the full scope of Dodd-Frank oversight.