To date, Fannie Mae's CAS program has resulted in the transfer of credit risk on single-family loans totaling more than a half trillion dollars. What enhancements did Fannie Mae make to the program?
Read More »Regulators Want Banks to Be Ready for a Crisis
Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?
Read More »Why the New PMI Reduction Will Reel in FHA Borrowers
The recent reduction in private mortgage insurance fees has made getting a mortgage loan a lot easier and may begin to pull high quality borrowers from the Federal Housing Administration.
Read More »Bank of America Places FHLBank Settlement in the Rearview
Bank of America announced this week that it has settled mortgage-related complaints with a Federal Home Loan Bank, the bank stated in a filing with the Securities and Exchange Commission.
Read More »Freddie Mac Dodges A Bailout Bullet
The good news from Freddie Mac’s Q1 2016 Financial Results: Freddie Mac will not need a draw on Treasury for the time being. Now the bad news: Freddie Mac reported a multi-million dollar net loss for the first quarter.
Read More »The CFPB’s Tough Month of April
Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.
Read More »Digging Deeper into GSE Mortgage Portfolios
The GSEs’ mortgage portfolios are being reduced at a rapid rate with the impending total loss of their capital buffer. What does this mean for Fannie Mae and Freddie Mac in terms of a financial bailout?
Read More »Housing Discrimination? Not on HUD’s Watch
In an effort to address fair housing activities, HUD has announced that it is making a multi-million dollar grant available to organizations that advocate against discriminatory acts in the housing market.
Read More »Construction One Step Closer to Resolving Supply Issues
After experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry, U.S. construction spending bounced back in March, the U.S. Census Bureau of the Department of Commerce announced Monday.
Read More »It’s Not Just the GOP Trying to Roll Back Dodd-Frank
Lawmakers’ efforts to chip away at the Dodd-Frank Wall Street Reform and Consumer Protection Act have come almost exclusively from the Republican side of the aisle—until now.
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