Ginnie Mae

Ginnie Mae venture with Chicago FHLB crosses mortgage milestone

03/14/18

A mortgage program created by a 2015 partnership between the Federal Home Loan Bank of Chicago and Ginnie Mae has securitized over $1 billion in government-backed mortgages, the partnership announced.

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3 conditions before Ocwen and PHH are clear to close

03/01/18

From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.

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Ginnie Mae threatens to dump lenders from veterans mortgage program

02/08/18

Nine lenders have been warned by the U.S. that they will be kicked out of a top mortgage program within months unless they find ways to stop costly rapid refinances of veterans' loans.

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Backers of Senate GSE plan reject claims that it’s too conservative

01/24/18

Supporters of an unreleased bill to revamp the housing finance system say the plan strikes a middle ground that can gain support from both sides of the aisle.

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5 ways a government shutdown will affect mortgage lending

01/19/18

Here's a look at what will happen at five federal agencies that support the mortgage industry if the government shuts down.

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U.S. cracks down on firms making predatory mortgages to veterans

12/07/17

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don't need, a move that officials say will lower consumer costs and could lead to financial penalties for lenders.

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Clash over capital plan; JPM's $4B predicament

09/28/17

Regulators disagree whether proposed changes to capital requirements would ease burden on community banks; JPMorgan on hook if jury award not overturned.

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HUD in limbo: Top jobs unconfirmed, key decisions unmade

08/18/17

The Department of Housing and Urban Development is facing a leadership crisis as top jobs go unfilled, leaving key decisions unresolved.

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Fannie, Freddie are irrelevant to a government-backed mortgage system

07/25/17

Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.

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FHA can't put off technology upgrades any longer

04/10/17

The Federal Housing Administration needs additional funds to replace a 1960s-era computer operating system and make other necessary tech updates.

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