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Tax reform threatens to drain GSEs' dwindling capital

11/29/17

The financial services industry has cheered a proposed reduction in the corporate tax rate, but a lower rate could force Fannie Mae and Freddie Mac to write down assets, increasing the odds that the companies will need Treasury support.

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FHA premium cut still may not happen after Montgomery is confirmed

11/29/17

Brian Montgomery seems on his way to being confirmed to lead the Federal Housing Administration. But once he gets there, he may find it difficult to be as innovative as he was during his first stint as commissioner — particularly when it comes to reducing FHA premiums.

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Fannie, Freddie loan limits get a bump thanks to rising home prices

11/28/17

Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.

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Otting takes reins from Noreika at OCC

11/27/17

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

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Mulvaney pledges 'dramatic' shift at CFPB, freezes rules and hiring

11/27/17

OMB Director Mick Mulvaney said he would "fix" the CFPB by ensuring it protected consumers without cutting off access to financial services. His comments came as a federal judge declined to rule yet on the legality of Mulvaney's appointment.

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HomeStreet in Seattle responds to investor claim it is growing too fast

11/27/17

HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify.

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Seven things bankers should watch for in Powell’s nomination hearing

11/27/17

President Trump’s pick to head the Federal Reserve will face the Senate Banking Committee this week. Here’s what to watch for.

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CFPB's English expected to sue Trump administration to block Mulvaney appointment

11/26/17

A lawsuit by CFPB Deputy Director Leandra English against the Trump administration is expected to challenge Mulvaney's appointment on two counts: that the president would directly control an independent agency and that it violates the succession plans laid out in the Dodd-Frank Act.

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Flagstar has survived — now it must reinvent itself

11/21/17

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. It recent agreement to buy a deposit-rich franchise in California could help it get there.

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HomeStreet investor wants Seattle company to slow its expansion

11/21/17

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.

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