White House is making hard job of GSE reform even harder
The administration is sending conflicting signals on whether it has a plan to overhaul the housing finance system, further complicating an already complex debate. ... Read full article
The administration is sending conflicting signals on whether it has a plan to overhaul the housing finance system, further complicating an already complex debate. ... Read full article
The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging ... Read full article
Rep. Blaine Luetkemeyer, R-Mo., told the mortgage giants' chief federal regulator that the Financial Accounting Standards Board’s new model for estimating loan losses could pose risk across the mortgage market. ... Read full article
Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform. ... Read full article
Wide coverage of the mega-deal between BB&T and SunTrust; GSE reform, CFPB underwriting rule are on collision course; Swift showing more swagger in its rivalry with Ripple; and more from this week's most-read stories. ... Read full article
Once a moneymaker and executive training spot, the business is no longer cost-effective; Edward Bramson wants a board seat. ... Read full article
Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government. ... Read full article
Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years. ... Read full article
As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system. ... Read full article
The Trump administration will offer a framework and get Congressional input on housing finance; some online banks offer more than 2% interest on deposits. ... Read full article
Business lending at the 10 largest regionals got a boost from turmoil in the securities markets; hedge funds stand to gain if conservatorship ends. ... Read full article
The largest banks are expected to soon receive requests to appear before the House Financial Services Committee; banks taking steps to curb scams. ... Read full article
Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO. ... Read full article
Fannie Mae and Freddie Mac shares soared Friday amid fresh reports that the Trump administration is working on proposal that would recommend freeing the mortgage-finance giants from government control. ... Read full article
The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts. ... Read full article
A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month. ... Read full article
The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency. ... Read full article
Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories. ... Read full article
After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform. ... Read full article
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. ... Read full article