Ginnie Mae

GSE reform proposals have small lenders on edge


Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete.


Cheat sheet: Crapo plan reasserts Capitol Hill’s role in GSE reform


Just as the Trump administration appears focused on releasing a framework without Congress, the Senate Banking Committee has re-entered the policy fray with a new proposal.


Crapo shakes up GSE reform with housing finance plan of his own


The Senate Banking Committee chairman released an outline for overhauling the U.S. housing finance system more than 10 years after the government put Fannie Mae and Freddie Mac into conservatorship.


LoanDepot hit with Ginnie Mae sanctions over VA mortgage compliance


Ginnie Mae has restricted loanDepot's ability to securitize Veterans Affairs mortgages because of apparent churning of recent originations.


Departing Ginnie Mae head Bright to run securitization trade group


Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.


Ginnie Mae head's surprise resignation prolongs permanent leadership gap


Acting Ginnie Mae President Michael Bright will leave his post on January 16 and will no longer seek confirmation to be the permanent head of the mortgage secondary market agency.


On way out, Hensarling makes final case for GSE reform


The House Financial Services Committee held a hearing to examine the outgoing committee chairman's bipartisan GSE reform bill, but lawmakers were already looking ahead.


FHA looking to extend multifamily risk-sharing program: Montgomery


The Federal Housing Administration's risk-sharing program with the Federal Financing Bank began as a temporary fix, but the agency is exploring how to make it more permanent.


What’s keeping the Senate from confirming Ginnie Mae chief?


The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years.


Supreme Court clash puts regulatory nominees on back burner


At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress.