MBS

Wells Fargo is planning its first post-crisis mortgage bond

10/05/18

Wells Fargo is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, according to people familiar with the matter.

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FHFA takes another big step toward single security for GSEs

09/12/18

The Federal Housing Finance Agency issued a proposal Wednesday that would require mortgage giants Fannie Mae and Freddie Mac to align their policies on cash flows for current mortgage-backed securities, and eventually for a uniform security when it is implemented next year.

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How Ginnie Mae could break stalemate on GSE reform

09/11/18

Housing finance reform is still likely years away, but a growing chorus of lawmakers say the government guarantor has the ability to clear the path to a final plan.

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GSE reform could increase costs to borrowers: CBO

08/27/18

The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing.

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Banking could use more leaders with STEM skills

07/09/18

The rise of AI, high-frequency trading and other complex activities is all the more reason for policymakers and financial executives to sharpen their understanding of science, technology, engineering and math.

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Housing fund can’t be barred from competing in Washington state: Court

06/25/18

An appeals court has rejected claims by a Washington state housing finance agency that the National Homebuyers Fund is limited to operating in California.

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SIFIs slip; B of A Merrill settles securities charges

06/13/18

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

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RBS agrees to pay $4.9 billion to settle U.S. mortgage probe

05/09/18

Royal Bank of Scotland said it reached a tentative agreement to pay a $4.9 billion penalty to resolve a long-running U.S. probe into its packaging and sale of mortgage-backed securities before the 2008 financial crisis.

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Eric Schneiderman’s many tangles with financial firms

05/08/18

Outgoing N.Y. Attorney General Eric Schneiderman has been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look back at how Schneiderman has made his mark on the ways financial institutions do business.

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