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12 FHA Policies Rescinded by HUD

On July 1, the U.S. Department of Housing and Urban Development (HUD) announced the rescission of 12 Federal Housing Administration (FHA) policies. These recissions – spanning from appraisal protocols, flood risk management and underwriter employment, among others...

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Fed Keeps Target Rate at Previous Levels

On June 18, the Federal Reserve maintained the federal funds rate in the 4.25 to 4.50 percent range. The Federal Reserve’s post-meeting statement mentioned that, despite changes in net exports, economic activity is still stable....

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FDIC Proposes Changes to SLR

On June 6, the Federal Deposit Insurance Corporation submitted a draft rule to the Office of Information and Regulatory Affairs that would re-examine the supplementary leverage ratio (SLR) for banks. This proposal follows the recent opinions expressed...

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Fed Maintains Target Interest Rate

On May 7, the Federal Reserve held the federal funds rate in the 4.25 to 4.50 percent range. The Federal Reserve’s post meeting statement noted that economic uncertainty has increased but growth in economic activity...

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Paul Atkins Sworn in as SEC Chairman 

On April 21, Paul Atkins was sworn into office as the 34th Chairman of the Securities and Exchange Commission (SEC). Chairman Atkins stated that he is eager to use his position to promote and protect the SEC’s mission...

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CFPB Memo Hints to the Bureau’s New Direction

According to American Banker, Consumer Financial Protection Bureau (CFPB) Director Russel Vought directed the CFPB to review and withdraw guidance that does not conform to the new principles stated in his memo. The directive bans certain...

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Paul Atkins Confirmed as SEC Commissioner 

On Wednesday evening, Paul Atkins was confirmed (52-44) to lead the Securities and Exchange Commission. His term expires on June 5, 2026. SFA extends its congratulations and is eager to work with Commissioner Atkins moving forward. 

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Treasury Suspends CTA Enforcement 

On March 2, The Treasury Department announced that it will not take enforcement actions against Americans or American companies that do not provide beneficial ownership information under the Corporate Transparency Act (CTA). According to the WSJ, by...

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