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TBA News & Headlines

Fannie, Freddie Q1 Profits Drop Year on Year

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.

Supreme Court OKs Disparate Impact Analysis under Fair Housing Act

The 5-4 decision held that two previous and similar civil rights laws proceeding the Fair Housing Act explicitly authorized disparate impact claims.

CFPB Formally Proposes TRID Delay to Oct. 3

The CFPB yesterday issued a proposed amendment to the TILA-RESPA Integrated Disclosure rule to move the rule's effective date to Oct. 3.

New .bank Domain Sees Strong Demand with 3,000 Applications

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.