How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S
Investments / The Ticker

Two lawmakers want Fannie, Freddie reform by year’s end

freddie
/ Print / Reprints /
| Share More
/ Text Size+

Two members of the Senate Banking Committee want Fannie Mae and Freddie Mac winded down by the end of the year, Law360 reports.

Whether it’s possible or not, the paper says the two lawmakers are pushing for quick and sharp reforms:

Banking Committee Chairman Tim Johnson, D-S.D., said a Thursday hearing to explore some of the myriad issues that come with bringing change to the nation's multitrillion housing finance system would be the first in what will be an “in-depth process” that would result in legislation by the end...(of the year)

Source: Law360
Read full story
Comments powered by Disqus