How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Items Tagged with 'Senate'

ARTICLES

Castro’s confirmation as HUD Secretary met with industry approval

President Obama, others praise San Antonio mayor
Ben Lane
"I applaud the bipartisan majority of Senators who today confirmed Julián Castro as our next Secretary of Housing and Urban Development," President Obama said. "Julián is a proven leader, a champion for safe, affordable housing and strong, sustainable neighborhoods."
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Senate votes Wednesday on confirming HUD head, FHFA IG

Castro, Werthheimer sworn in for last leg of Obama administration
The Senate Banking Committee will vote Wednesday at 10 a.m. on Julian Castro's nomination to be the next Secretary of Housing and Urban Development.
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Senate approves Fed vice chairman nominee

Brena Swanson
The Senate approved Stanley Fischer’s nomination to the Federal Reserve Board of Governors. However, a separate vote that is still unscheduled still must be held to confirm his appointment as vice chairman of the U.S. central bank.
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What's next for Johnson-Crapo?

Industry reacts positively; opponents say it's DOA
Trey Garrison
With the GSE reform approval vote from the committee, the next move will be up to the Senate majority leader, who decides when or if to bring the bill to a vote in the full Senate. Reaction within the housing industry was largely positive.
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Senate delays Johnson-Crapo housing reform vote

MBA Stevens: Vote likely next week
Trey Garrison
The Senate Banking, Housing and Urban Affairs committee is kicking the housing reform can down the road a week or so, delaying a markup of the Johnson-Crapo housing reform measure to enable supporters to get a few more votes after a two-week recess.
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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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What does GSE reform mean for the housing recovery?

The side effects of reform
HousingWire Staff
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
Kerri Ann Panchuk
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
Brena Swanson
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
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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