GSEs

Fannie, Freddie will retain $45B in capital in first step toward privatization

09/30/19

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

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FHFA resolves dispute with employee over sexual harassment claim

09/27/19

Simone Grimes had alleged former FHFA Director Mel Watt made inappropriate advances toward her and she was paid less than the man who had previously held her position.

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GSE investors seek Supreme Court ruling on FHFA constitutionality

09/26/19

The shareholders' claims against Fannie Mae and Freddie Mac's regulator mirror arguments in cases challenging the Consumer Financial Protection Bureau.

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Banks counting on GSE reform to stop mortgage share erosion

09/24/19

While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.

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5 changes lenders want from CFPB’s rewrite of QM rule

09/24/19

Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.

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There are better times ahead for mortgage finance

09/20/19

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

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FHFA boosts multifamily lending caps for Fannie and Freddie

09/13/19

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

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FHFA's Calabria details next steps on GSE reform

09/11/19

The regulator for Fannie Mae and Freddie Mac suggested that a finalized capital framework for the two mortgage giants could be published by the end of the year.

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Treasury mulling appeal of GSE investor ruling to high court: Mnuchin

09/10/19

Federal appeals court judges in New Orleans on Friday appeared to back claims by investors that Treasury's "net worth sweep" is illegal.

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Treasury moves to recap Fannie, Freddie; BofA's down market success

09/10/19

Mnuchin hopes to strike a deal soon to recapitalize the two mortgage giants, a prelude to privatization; the bank’s focus on mid-tier corporations is starting to bear fruit.

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