Housing

Housing groups pan GOP swipe at mortgage deduction

11/02/17

Hopes that tax reform might soften a weakening of the mortgage interest deduction were quickly dashed as the GOP plan landed a double punch on the incentive cherished by the mortgage and housing industries.

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Mortgage deduction alternative emerges in tax reform talks

10/20/17

Some housing groups are warming to an idea that they say could help more Americans benefit from housing-related subsidies than the mortgage interest deduction.

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It's official: Montgomery chosen to run FHA (again)

09/13/17

As was expected, President Trump has nominated Brian Montgomery to serve as the commissioner of the Federal Housing Administration.

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Big-bank construction loans said to grow with other asset classes

07/12/17

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

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Housing shortage in Pacific Northwest forces banks to get creative

07/06/17

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

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FHFA on collision course with Congress over Fannie, Freddie

05/11/17

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

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GSE common securitization plan delayed to 2019

03/23/17

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

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Lenders, consumer groups call for end to GSE dividend sweep

03/23/17

The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves.

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Once-skittish investors warming up to Ginnie Mae servicing rights

03/06/17

Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.

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Bankers are getting ready for a Trump bump

01/20/17

Donald Trump was sworn in Friday, but banking industry executives have spent the last two months envisioning a vastly different political, economic and regulatory climate. The dominant question in coming months will be how realistic those expectations are.

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