CFPB analyst cites 'profound' mortgage servicer community impact

FHFA reaches $280 million RMBS settlement with Barclays

RMBS settlement total now exceeds $16 billion

Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"
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Items Tagged with 'Mel Watt'

ARTICLES

Where's Watt?

FHFA scorecard should be marked tardy
April 17, 2014
A question HousingWire has been hearing and asking is simply, “Where is Mel Watt?”
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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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3 million refis and counting

The Home Affordable Refinance Program passes a milestone
February 10, 2014
Demand for the Home Affordable Refinance Program continued to trickle as mortgage rates climbed higher after June 2013. But just how much did this affect refinance volume in 2013?
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Is Obama even going to talk about housing reform tonight?

Don't get your hopes up ...
January 28, 2014
Whenever President Obama gives a major speech – such as tonight’s State of the Union address – housing analysts wonder if this will be the year when the president finally puts housing and mortgage finance issues center stage, declaring bold and brave new initiatives on the housing front. But don't get your hopes up. It remains one of the more ignored issues of our time.
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How QM fails to deliver

National Mortgage Risk Index trends higher
January 27, 2014
The qualified mortgage rule was deigned to halt excessively risky lending, but according to one industry expert, the rule fails to really create any type of significant impact.
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Congratulations, Mr. Watt — now lower the rent

Federal regulators urge funding for National Housing Trust Fund
January 24, 2014
Before Mel Watt could even get his name plate on the door as head of the Federal Housing Finance Agency, top federal regulators are already urging him to end contributions to the National Housing Trust Fund and the Capital Magnet Fund.
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3 dangers housing finance faces in 2014

Ambiguous, complex, and inconsistent enforcment ahead
January 23, 2014
When a law's effect is determined by how it is enforced, and when there's a new model of regulation by people who don't understand what they're regulating — that's not a good place to be.
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FHFA delays inevitable g-fee hike

Industry unsure of the agency's next move
January 10, 2014
"This is a dangerous and misguided approach," said David Stevens, president and CEO of the MBA, in a letter to association members.
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3 ways Mel Watt could cause housing crash 2.0

New FHFA director's policy shift could push us back to 2007
January 8, 2014
Two days in office and Federal Housing Finance Agency Director Mel Watt is already retreating from policies designed to reduce Fannie and Freddie's reach while bringing private capital back. Will his affordable housing direction drive housing over the cliff?
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FHFA director delays impending g-fee hike

Wants time to evaluate changes
January 8, 2014
The Federal Housing Finance Agency delayed plans to raise the base guarantee fee by 10 basis points on all mortgages securitized by Fannie Mae and Freddie Mac, giving newly appointed FHFA Director Mel Watt more time to evaluate the changes.
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