TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Items Tagged with 'Treasury'


Compass Point: Fannie Mae, Freddie Mac will need another bailout

It’s no longer a question of if. It's a question of when
The disappointing third quarter results for Fannie Mae and Freddie Mac have many already questioning whether the current financial status of the government-sponsored enterprises is stable. New analysis from Compass Point Research & Trading suggests that it’s no longer a question of if the GSEs will need another bailout. Now, it’s simply of a question of when.
Read More

Was the Third Amendment sweep of Fannie, Freddie a sham?

One leading legal scholar says yes; shareholders get louder
Last week in a teleconference hosted by Investors Unite, one of the guests — noted legal scholar Richard Epstein — didn’t mince words about what he thought of the Treasury’s “Third Amendment sweep” of GSE profits. He called it a “sham transaction.” Does that rustle your feathers?
Read More