Ginnie Mae

GSE reform proposals have small lenders on edge

02/28/19

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.

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

02/01/19

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.

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

02/01/19

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.

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LoanDepot hit with Ginnie Mae sanctions over VA mortgage compliance

01/31/19

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

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Departing Ginnie Mae head Bright to run securitization trade group

01/10/19

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.

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Ginnie Mae head's surprise resignation prolongs permanent leadership gap

01/09/19

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.

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On way out, Hensarling makes final case for GSE reform

12/21/18

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.

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FHA looking to extend multifamily risk-sharing program: Montgomery

11/27/18

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.

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

10/28/18

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

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Supreme Court clash puts regulatory nominees on back burner

09/28/18

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.

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