Fannie Mae

FHFA's Calabria: No Trump GSE plan until August or September

07/18/19

Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September.

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Trump team wary of Fannie-Freddie fix before 2020 election

07/12/19

The Trump administration is growing wary of taking bold steps toward freeing Fannie Mae and Freddie Mac from federal control before the 2020 election, said people familiar with the matter, in part because of the political risk of potentially upending the U.S. mortgage market.

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HSBC's new U.S. chief, Pittsburgh turf war, leveraged loan jeopardy: Top stories of the week

07/12/19

Citi’s chief lending officer to take over HSBC’s U.S. business; Pittsburgh banks brace for incursion of industry heavyweights; borrowing by nonbank leveraged lenders is growing (maybe too much); and more from this week’s most-read stories.

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Fed working group proposes SOFR-based mortgage by 2021

07/11/19

The Alternative Reference Rates Committee promotes the adoption of a new Secured Overnight Financing Rate index rate to replace Libor in pricing hybrid adjustable-rate mortgages within the next two years. The change would be the first application of SOFR to a consumer-loan product.

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What to expect when you're expecting a report on GSE reform

07/09/19

Treasury and HUD are close to unveiling administrative and legislative options for ending the conservatorships of Fannie Mae and Freddie Mac. Will their findings be heavy on detail or leave a lot unanswered?

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Recap of Fannie and Freddie must protect shareholder rights

07/09/19

How the Trump administration can recapitalize Fannie Mae and Freddie Mac while remedying jilted private investors.

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Freddie CEO joins Harvard center focusing on housing finance reform

07/01/19

Freddie Mac CEO Donald Layton has joined the Harvard Joint Center for Housing Studies as a senior industry fellow focused on reform of the government-sponsored enterprises.

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Lawmakers spar over whether Fannie, Freddie are SIFIs

06/25/19

There is bipartisan agreement in the Senate that Fannie Mae and Freddie Mac are "too big to fail" but some lawmakers are skeptical that a SIFI designation is appropriate.

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Will FHFA’s fair-lending office fill enforcement void?

06/18/19

The little-known unit was launched in the wake of efforts by the CFPB and HUD to cut back on fair-lending activities, but the reach of the 10-month-old office is still unclear.

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GSE overhaul needs FHFA and Congress to succeed: Calabria

06/13/19

The Federal Housing Finance Agency has appeared willing to take its own steps to reform Fannie Mae and Freddie Mac, but legislation would be necessary to create an explicit guarantee of the mortgage system.

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