Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'Senate'


7 problems NAFCU, CUNA and ICBA have with Johnson-Crapo

Trade coalition says GSE reform favors big lenders
April 14, 2014
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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What does GSE reform mean for the housing recovery?

The side effects of reform
March 17, 2014
The new U.S. Senate plan to dismantle Fannie Mae and Freddie Mac may in fact deal an unintended blow to the current housing recovery.
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Senate passes bill to delay flood insurance premium hikes

It’s now up to the House
January 30, 2014
U.S. homeowners with properties in flood zones gained major traction in their fight to impose a four-year delay on federal flood insurance premium hikes this week.
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Rep. Mel Watt officially confirmed as FHFA director

Watt is the first Senate-confirmed director
January 6, 2014
After much fanfare and delay, Rep. Mel Watt was officially sworn in as director of the Federal Housing Finance Agency. Entering his five-year term, Watt becomes the first Senate-confirmed director of the agency.
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Ed DeMarco's FHFA seat is safe for now

Procedural vote to quickly nominate Rep. Mel Watt fails in Senate
October 31, 2013
Ed DeMarco's seat as acting director of the Federal Housing Finance Agency remains safe for now. A procedural vote designed to get Rep. Mel Watt, D-N.C., thrust quickly into the head job at the FHFA failed on the Senate floor Thursday morning.
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Sen. Paul threatens to hold up Janet Yellen nomination

October 25, 2013
Sen. Rand Paul, R-Ky., is threatening to put the nomination of Federal Reserve Chairman pick Janet Yellen on hold until a complete audit of the Fed is approved.
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Sen. Bob Corker: Senate deal is very possible

October 14, 2013
Sen. Bob Corker, R-Tenn., said Monday a debt deal may be forthcoming with talks between Senate Majority Leader Harry Reid and Republican leader Mitch McConnell continuing.
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Chances for a Mel Watt FHFA confirmation remain slim

July 19, 2013
This week, the Senate Banking Committee voted to advance Rep. Mel Watt's, D-N.C., nomination to head the Federal Housing Finance Agency out of committee on a straight party-line vote.
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Bipartisan legislation unveils measures to reform FHA

July 16, 2013
The latest trend developing amongst policymakers is the creation of proposals to reconstruct the mortgage finance system.The leaders of the Senate Banking Committee have jumped on...
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Sen. Reid attempts to block filibuster of Cordray nomination

July 15, 2013
Senate Democrats want Richard Cordray nominated to the Consumer Financial Protection Bureau director post, and they're willing to block all Republican filibuster attempts to secure his...
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