Brena Swanson

Brena Swanson

Brena Swanson is the Digital Reporter for HousingWire.com, providing expert coverage on Millennials, lending and housing. Brena joined the HousingWire news team in February 2013, also serving in the roles of Reporter and Content Specialist. Brena graduated from Evangel University in Springfield, Missouri. Follow Brena on twitter at @BrenaSwanson.

ARTICLES

Community bankers: GSE reform should keep what works and just fix the problems

How to ensure a robust primary and secondary mortgage market
More talks of reforming the government-sponsored enterprises are starting to surface as the Trump administration promises to make reform a priority. Once again differing from other reform options out there, the Independent Community Bankers of America penned their version of how GSE reform should take place. So which option works best for reform?
Read More

More Republican representatives speak out against CFPB

Representatives reach out to constituents in local publications
The full version of the Republican-led Financial CHOICE Act, which aims to replace Dodd-Frank, is finally out after a lot of buildup on its coming release. So, as the hearing date to discuss it nears, more Republican representatives are vocalizing their opinions against Dodd-Frank and the Consumer Financial Protection Bureau and fight for the Financial CHOICE Act.
Read More

RE/MAX and HouseCanary collaborate to provide agents with real estate data

Agents utilize HouseCanary data
RE/MAX and HouseCanary announced a collaboration to provide agents with exclusive data. HouseCanary is a real estate analytics company that provides values and forecasts for more than 18,000 U.S. residential markets and 100 million properties. Want to know what a home will be worth in two years? RE/MAX agents now know.
Read More

How will a government shutdown impact the mortgage process?

Top areas that could hit a roadblock
Lenders and homebuyers might need to prepare for potential roadblocks in the homebuying process if the government does shutdown after April 28. Yes, lenders handle the main decision of if a borrower gets a loan, but there are key parts of the mortgage process that rely on government workers.
Read More

Trump signs memorandum on Dodd-Frank's orderly liquidation authority

Along with another executive order and memorandum
President Donald Trump signed one executive order and two presidential memoranda on Friday, affirming once again that he plans to roll back many of the regulations put in place in the aftermath of the financial crisis. Unlike a broader past executive order designed to roll back the Dodd-Frank Wall Street Reform Act, Friday’s executive memorandum focused on the orderly liquidation authority part of Dodd-Frank.
Read More

Cincinnati sues Harbour Portfolio Advisors over predatory foreclosure sales

Already under CFPB investigation
Harbour Portfolio Advisors remains in the hot seat as it faces another investigation into its foreclosure sales practices. The city of Cincinnati announced a lawsuit against the company, one of the nation’s largest sellers of foreclosed homes, due to unpaid fines and alleged failure to properly maintain dozens of homes.
Read More

Attention lenders: The CFPB is now focusing more on fair lending in mortgages

A look at where the CFPB will increase its fair lending oversight this year
After looking back at its fair lending priorities for 2016, the Consumer Financial Protection Bureau highlighted which areas will be top priorities for 2017. So what’s at the top of the list? Mortgages. The bureau explains where it is ramping up its efforts in its latest annual Fair Lending report.
Read More

Does the MBA’s GSE reform plan finally address a key roadblock?

Stevens explains how this plan is different
Nearly eight years of conservatorship turned talks of reforming Fannie Mae and Freddie Mac into a myth - one that the industry might discuss but doesn't believe will actually happen. So what’s the main factor stopping GSE reform? No one really understands it. This problem is exactly what the Mortgage Bankers Association is trying to fix.
Read More

MBA to Congress: Here’s the roadmap you need to tackle GSE reform

60-page white paper breaks down transition process to reform
On Sept. 6, 2008, the Federal Housing Finance Agency placed Fannie Mae and Freddie Mac into conservatorship. Nearly nine years later, the largest trade group in the mortgage finance space, the Mortgage Bankers Association, released a white paper to stay in front of the housing reform conversation and address one of the thorniest issues: how to transition to a new system.
Read More