Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition
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Items Tagged with 'Federal Housing Finance Agency'

ARTICLES

When will Watt share his GSE plans?

FHFA director still silent
April 14, 2014
As discussions on Capitol Hill have intensified with multiple proposals for GSE reform coming from both sides of the aisle, Federal Housing Finance Agency Director Mel Watt’s voice will carry a significant amount of weight, provided that he actually uses it.
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Fannie and Freddie can’t get REO to market fast enough

Demand outpaces inventory
April 2, 2014
The market is ravenous for more REO-to-rental properties. However, the inventory is having a hard time keeping pace.
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Fannie, Freddie, FHFA settle MBS lawsuit with BofA

Provides aggregate payment of $9 billion by BofA
March 26, 2014
Fannie Mae, Freddie Mac and the Federal Housing Finance Agency reached an agreement with Bank of America to settle claims associated with non-agency mortgage-related securities from 2005 to 2007.
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FHFA: Home price index slightly increases 0.5%

March 25, 2014
FHFA home price reports come in rosier than Case-Shiller. Why? For one, the FHFA only looks at Fannie Mae and Freddie Mac sales.
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Report: Fannie, Freddie foreclosure inspectors did terrible job

Inspectors turned in manipulated and fraudulent reports
March 25, 2014
A newly released report says that some pre-foreclosure inspections for Fannie Mae and Freddie Mac are the result of manipulated and fraudulent inspection reports. The in-field inspectors, in these select cases, relied on several dodgy methods to skip good, hard work.
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Parting FHFA Director DeMarco gives one last call for GSE reform

Terminates position at end of April
March 24, 2014
“My earnest hope is that recent legislative initiatives in the House and the Senate lead to the consensus needed to bring such legislation to enactment,” DeMarco said in his parting letter to director Mel Watt.
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Proposed rule makes AMCs use only "competent" appraisers

AMCs would face state-level rejection
March 24, 2014
Up until recent years, appraisal management companies operated in the dark. However, a new proposal from six housing related agencies should help provide some needed guidance.
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Credit Suisse to pay $885 million to settle MBS claims

March 21, 2014
Credit Suisse reached an agreement with the Federal Housing Finance Agency to pay $885 million to resolve claims related to mortgage-backed securities.
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Inspector General: FHFA fails to report FHLB expense data

It's a HERA requirement
March 20, 2014
For four years now, the Federal Housing Finance Agency failed to submit the Federal Home Loan Banks’ director expense data to Congress, as required by the Housing and Economic Recovery Act.
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4 headwinds for mortgage servicing

Lawsuits, FHFA, bills threaten stock performance
February 18, 2014
The mortgage servicing business has several serious headwinds facing it that may prove to be greater than what the market originally anticipated.
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