Fannie, Freddie seek bids from prospective financial advisers
The two mortgage giants said they would begin the process of hiring outside firms to help raise capital that will be needed to exit conservatorship. ... Read full article
News Topic: Houlihan Lokey
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FHFA picks Houlihan Lokey to advise agency on GSE plans
The regulator said the investment bank and financial services company will help in the process of strengthening Fannie Mae and Freddie Mac’s capital standing for their eventual exit from conservatorship. ... Read full article
Looser capital rules could stabilize mortgage servicing, banks say
Banks would welcome a proposal to loosen Basel III capital restrictions because it would make holding mortgage servicing rights easier and stem the recent exodus of depositories from the servicing business, executives said. ... Read full article