News & Events

March 9, 2018

Senate moves toward vote on regulatory relief package — The Senate began debate this week on S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, and voted yesterday on the motion to proceed. Senate Banking Committee Chairman Mike Crapo (R-ID) is expected to...

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March 2, 2018

A great wind is blowing, and that gives you either imagination or a headache. —    Catherine the Great It’s true: Washington is closed today because of wind. The federal government is closed. The schools are closed. Even the Zoo is closed, and they never close for anything....

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February 23, 2018

Yes, we know we said we weren’t going to publish one of these this week. But what can we say? We missed you. And some people in Washington did not get the message that this was supposed to be a slow week. SEC pushes back effective...

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February 16, 2018

Eris welcomes Bradford Cheney, who comes to us after more than eight years with the Mortgage Bankers Association. He was a key part of MBA’s strategy in addressing Dodd-Frank, Johnson-Crapo, and the alignment of the legislative definition of qualified residential mortgage (qrm) with the qualified...

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February 9, 2018

While you were (probably) sleeping — The federal government shut down at 12:01 this morning, after an extended protest by Senator Rand Paul (R-KY) against a compromise bill that would increase federal government spending by approximately $300 billion. The Senate did finally pass that bill...

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February 2, 2018

Court rules that CFPB is constitutional, but wrong on RESPA — The U.S. District Court of Appeals for the District of Columbia issued its much-anticipated en banc opinion in PHH Corporation v. Consumer Financial Protection Bureau on Wednesday, and both sides were able to claim...

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