Residential fixed investment was at its highest level in eight years. How did that figure into the GDP?
Read More »Mixed Reviews for GSE Trust Fund Contribution
Fannie Mae and Freddie Mac's donation to the National Housing Trust Fund drew both applause and caution from housing advocates and civil rights groups
Read More »A Credit Shuffle Among Mortgage Lenders
Fewer mortgage lenders are reporting that they are loosening credit standards, and many do not expect credit to become more accessible over the next few months, according to data from Fannie Mae.
Read More »Hensarling, Shelby to HUD and FHFA: Don’t Change a Thing
Hensarling and Shelby said campaigns that criticize the open and competitive NPL sales process are “based on a false notion that doing so is somehow contrary to the goal of ‘neighborhood stabilization.’”
Read More »House Subcommittee Investigates Effect of Regulation on Cost of Housing
Federal housing regulations are “too antiquated” to address future consumers’ housing needs, according to the House Subcommittee on Housing and Insurance.
Read More »CFPB Offers Lenders a Helping Hand
Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.
Read More »Braced for Impact
The industry was primed and ready for the Fed’s rate hike, but how has it fared since the increase went into effect? Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.
Read More »NAFCU Calls on Subcommittee to Preserve Credit Union Tax Exemption
The National Association of Federal Credit Unions VP of Legislative Affairs, Brad Thaler, sent a letter to the Committee on Ways and Means Subcommittee on Tax Policy, urging them to keep the credit union federal tax exemption as they consider tax reform proposals.
Read More »Is BofA’s New Mortgage Program a Substitute for FHA Lending?
Bank of America's Affordable Loan Solution program provides an alternative for low-income borrower but despite being an innovative solution to market demand, industry analysts feel it does not provide enough competition to substitute the FHA completely.
Read More »Fannie Mae Offers a $19.5 Billion Credit Insurance Risk Transfer Deal
Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans and brings more private capital into the market.
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