GSEs

Oversight council warns of systemic threat from Fannie, Freddie

09/25/20

The Financial Stability Oversight Council said the mortgage giants may need a bigger capital cushion than their regulator has proposed, but stopped short of designating them as “systemically important financial institutions.”

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Trump vs. Biden: What’s at stake for banks

09/17/20

The future of Fannie Mae and Freddie Mac, the Fed’s supervisory regime for the biggest financial institutions, reform of the Community Reinvestment Act and a host of other industry-related issues are on the ballot this November.

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Calabria to Congress: If you don’t like crisis fee, then fund GSEs

09/16/20

Fannie Mae and Freddie Mac have been slammed for planning an additional refinancing charge to cover COVID-related losses, but the head of the Federal Housing Finance Agency defended the policy in House testimony.

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Could capital plan for Fannie and Freddie stymie homeownership?

09/08/20

The Federal Housing Finance Agency's proposal could undermine the companies’ mission to support the housing market and penalize consumers in underserved communities, industry and consumer groups say.

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Credit unions fear planned GSE fee could cut into mortgage profits

08/28/20

Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.

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Agencies extend freeze on foreclosures and evictions to end of year

08/27/20

Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.

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Fannie and Freddie pushing COVID refi fee to December

08/25/20

The mortgage giants were criticized earlier this month for a plan to charge an "adverse market fee" to protect against losses resulting from the pandemic.

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GSE, fair-lending policies could look radically different if Biden wins

08/24/20

If Trump is reelected, his administration would likely move forward with privatizing Fannie Mae and Freddie Mac and relaxing key rules, while a Joe Biden presidency would likely try to expand homeownership access and borrower protections.

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Refi fee will wipe out millions in mortgage profits

08/20/20

Lenders initally won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.

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GSEs' new refi fee will hurt borrowers most

08/20/20

The higher charge on mortgages refinanced through Fannie Mae and Freddie Mac is supposed to cushion against a crisis but could contribute to one as the fees are passed on to struggling consumers.

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