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Items Tagged with 'housing reform'

ARTICLES

The top 10 critical issues facing GSE reform

Urban Institute: Reform in limbo
Brena Swanson
Almost six years into conservatorship and barely any progress has been made to reform Fannie Mae and Freddie Mac or create a new housing system. But before reform can even happen, the Urban Institute said these 10 design issues need to be addressed.
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KBRA's Whalen extinguishes any hope of housing reform

"What happens if nothing happens?"
Brena Swanson
Five years past the financial crisis, and Congress has continuously gone back and forth on what to do about the housing market, with strong emphasis on reworking Fannie Mae and Freddie Mac. But what if all this talk in Washington over housing reform is just that—talk.
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FHFA Inspector General counters: Here's why nonbanks need prudent regulation

Nonbanks hold $1.4 trillion of $10 trillion market
Brena Swanson
The Federal Housing Finance Agency Office of the Inspector General suggests the FHFA establish a risk management process unique to nonbank special servicers. This is to better oversee how the GSEs control inherent risks in transferring mortgage servicing rights and performing large scale servicing operations.
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MBA CEO: Future of housing held back by sick market

David Stevens says the status quo is not an option
Trey Garrison
The head of the Mortgage Bankers Association returned to a controversial term he used four years ago to describe the state of housing finance. Frustration over action — and inaction — in Washington last week was visible just beneath the surface of the remarks.
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Sen. Johnson: We'll reconvene on GSE reform Thursday

"Give my creation life?"
Trey Garrison
Senate Banking Committee Chairman Tim Johnson, D-S.D., announced Monday afternoon that his committee will reconvene in executive session to consider the Johnson-Crapo GSE reform bill, a move that could revive a bill many observers had thought dead.
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Johnson-Crapo delay is not a big, huge housing reform setback

This is what everyone was expecting
Jacob Gaffney
Senator Mike Crapo believes reform could have passed committee today — but he thinks a "short delay" will give his colleagues more time to assess the reform. Hopefully, slow and steady will win the race.
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Trulia: 10 most out-of-touch housing markets

The vast divide in conforming loan limits and reality
Brena Swanson
As the whispers of housing reform start to grow into greater fruition, the topic of conforming loan limits is brought up as well. This list of top 10 housing markets with the highest share of for-sale homes above the local loan limits shows just how out of touch limits are.
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5 things you must read Monday

Get a jump on the week
Trey Garrison
There are some key pieces you may have missed. Here are the most important five.
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3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference
Jacob Gaffney
So far, the conference has been popular, with early panels well attended. Here are three takeaways from those panels and the opening remarks from John Dalton, president of the Housing Policy Council.
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7 problems NAFCU, CUNA and ICBA have with Johnson-Crapo

Trade coalition says GSE reform favors big lenders
Trey Garrison
Three financial trade associations have issued a joint letter protesting the direction in housing finance reform as biased in favor of large lenders, and they list seven specific concerns they have about Johnson-Crapo.
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