Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl

Here’s why the FHFA is not a fan of principal reduction

Who's going to pay for that?

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"

Items Tagged with 'Jeb Hensarling'


Sparks fly as House GOP grills Cordray on CFPB

Compares National Mortgage Database to NSA spying
June 18, 2014
They pulled off the kid gloves and the boxing gloves at the House Financial Services Committee, going full-on brass knuckles on the Consumer Financial Protection Bureau and its director, who was there to give his semi-annual report to Congress. Republicans targeted the CFPB, and the Democrats targeted Republicans.
Read More

Financial Services Committee can't get past CFPB debate

Waters: "We should not cut off the ability of the CFPB..."
June 10, 2014
Despite a lot of topics on the plate of the Financial Services Committee to debate, they could not seem to get away from the discussion of the Consumer Financial Protection Bureau. This being just one of the several topics discussed.
Read More

Here's the reaction to the latest Fannie, Freddie reform proposal

Waters' plan joins three others already in consideration
March 28, 2014
With the release of GSE reform legislation from Representative Maxine Waters, there are now four different proposals to wind down Fannie and Freddie and create a new mortgage market structure in the U.S. But have we reached the saturation point of GSE reform proposals?
Read More

Hensarling: “We are headed for a debt crisis”

Regulators heighten attention on national debt
March 25, 2014
The nation is headed on a destructive path to an overwhelming pile of national debt, Financial Services Committee chairman Jeb Hensarling, R-TX, said during the first hearing in a series planned to focus on attention on the impact of the nation’s debt on the economy.
Read More

How bad will QM hurt homeowners and home buyers?

House Financial Services Committee wants answers (already)
January 13, 2014
House leaders examining impact of QM in ongoing push-back against regulations that they say give preference to GSEs and take focus on real reform needed.
Read More

FHA caught between a rock and a hard place

Republicans, Democrats and mortgage professionals can't agree on the FHA
December 13, 2013
The FHA is caught between warring interests. On one hand any reduction in its mortgage insurance abilities is questioned -- even though other parties want it done to bring back more private capital.
Read More

The DeMarco Era ends at FHFA

Capitol Hill, the housing industry react to Mel Watt’s confirmation
December 10, 2013
The senate's confirmation of Mel Watt to lead the FHFA means the end of a distinct era in housing finance.
Read More

CFPB remains standing, but Congressional push to reshape it continues

November 20, 2013
The CFPB remains a point of contention in Congress as lawmakers on the House Financial Services Committee review six bills designed to reshape the agency and its leadership structure.
Read More

Hensarling: GSEs have not repaid taxpayers one thin dime

November 7, 2013
Financial Services Committee Chairman Jeb Hensarling, R-TX, emphasized that the idea that Fannie Mae and Freddie Mac are close to paying back taxpayers for the largest bailout in American history are completely false.
Read More

Hensarling blames Dodd-Frank for mortgage market volatility

Housing finance reform is a necessity for a sustainable market
October 29, 2013
The passing and implementation of Dodd-Frank gave the government more ineffectual power to micromanage the mortgage sector and ultimately reverse any progress made within the market itself, House Financial Services Chairman Jeb Hensarling, R-TX, said Tuesday.
Read More