GSEs

FHFA’s Otting authorizes GSE affordable housing payments

04/03/19

After a brief delay, the agency’s acting director signed off on Fannie Mae and Freddie Mac contributing to the National Housing Trust Fund and Capital Magnet Fund.

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Congress pits VA mortgage costs against veterans' health care

04/01/19

The mortgage industry is stepping up its fight against a bill that would raise the Department of Veterans Affairs' mortgage fees to cover medical costs for Vietnam vets.

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SoFi reboots its mortgage business with new name, updated processes

03/29/19

The digital lender rebranded its mortgage business as SoFi Home Loans about four months after it took a step back from real estate finance to redesign its processes.

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Freddie Mac paves the way for UMBS with mirror certificate exchange

03/28/19

Freddie Mac exchanged existing bonds from its portfolio for mirror certificates for the first time, completing a key test that is central to the creation of a uniform mortgage-backed security.

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GSE capital rule expected this summer: FHFA's Otting

03/28/19

The Federal Housing Finance Agency is planning on finalizing its proposed capital requirements for the government-sponsored enterprises this summer, the agency's acting director said Wednesday.

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Noose tightens on Swedbank; Barclays investment bank chief quits

03/28/19

Swedbank fires its CEO as New York State DFS probes alleged money laundering; the underperforming unit will be overseen by CEO Jes Staley.

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FHFA allowed GSEs to circumvent cap on executive salaries: IG

03/27/19

The Federal Housing Finance Agency, by allowing Fannie Mae and Freddie Mac to split the CEO and president positions, let the companies dodge a congressionally mandated salary cap, the regulator's inspector general said.

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Trump directs Treasury, HUD to develop GSE reform plan

03/27/19

As lawmakers discuss reform legislation, the president’s memo calls on agencies to draft both administrative and legislative reform options and deliver their reports “as soon as practicable.”

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Will GSE reform hurt small lenders? Senators weigh in

03/27/19

Senators dove into how to ensure housing finance reform serves lenders of all sizes, just as the Trump administration moved closer to crafting its own GSE plan.

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Fannie Mae makes it official: Frater is CEO

03/27/19

Hugh Frater loses the "interim" title, taking full control of the government-sponsored enterprise as Congress begins debating (again) the future of Fannie as well as Freddie Mac.

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