Fannie Mae’s and Freddie Mac’s combined first-quarter earnings were $2.4 billion, up from the $1.5 billion they earned in the fourth quarter of 2014 but down substantially from the $9.3 billion they earned a year before.
The 5-4 decision held that two previous and similar civil rights laws proceeding the Fair Housing Act explicitly authorized disparate impact claims.
The CFPB yesterday issued a proposed amendment to the TILA-RESPA Integrated Disclosure rule to move the rule's effective date to Oct. 3.
Last night, within the first 10 minutes of general availability for .bank domain names, more than 3,000 applications were received. These applicants join the 782 financial institutions that applied for .bank domains during the "sunrise" period.