A white paper laid the groundwork for housing finance policies for independent mortgage banks that can ultimately benefit low- and moderate-income homebuyers. Here’s what it recommended.
Read More »Crapo: “Fix Our Flawed Housing Finance System”
The Senate Banking Committee Chairman has introduced a five-point outline for housing finance reforms. Here’s what the plan is all about.
Read More »Former Ginnie Mae COO Takes on a New Role
In the near future, Michael Bright, former COO, and EVP of Ginnie Mae will focus on reinforcing the importance of securitization to the larger economy, among members across the industry.
Read More »Who Is Stepping in as Ginnie Mae’s New Head?
Bright, who is the EVP and COO at Ginnie Mae was nominated to become President of Ginnie Mae. Click through to learn who will serve as the Acting President on his Departure.
Read More »The Fate of Fannie and Freddie
Government and housing industry leaders addressed the potential impact of a Housing Finance Reform Bill that was introduced in September. Here's what they had to say to the House Financial Services Committee.
Read More »Forum to Unite Housing and Government Leaders
Industry influencers will convene in early spring to engage in a back-and-forth concerning how to best protect not just customers, but the housing market too.
Read More »The Impact of Mortgages on MSR Values
Mortgage spread valuations had increased slightly, negatively impacting MSR values, according to a recent report. See what other factors have been affecting MSR values.
Read More »When Will BCFP and Ginnie Mae Get a New Head?
On Thursday, Kathy Kraninger’s nomination to head the Bureau of Consumer Financial Protection advanced to the Senate after the Banking Committee voted in its favor. See who else’s nomination advanced along with Kraninger.
Read More »Ginnie Mae’s Single-Family MBS Issuance Declines
While overall outstanding mortgage-backed securities at Ginnie Mae increased in July, its data indicated a decline in the issuance of single-family MBS from last year. Here’s a break down of MBS’ performance across various loans.
Read More »‘Will Help Ensure a Stable U.S. Housing Market’
At a hearing to consider his nomination as President of Ginnie Mae, Michael Bright, told the Senate Banking Committee that he would continue to work on modernizing the agency and ensuring the security of the loans it oversees to ensure better security price and lower rates for borrowers.
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