loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House

Items Tagged with 'FHFA'


Fannie Mae, Freddie Mac announce new mortgage buyback rules

New rules designed to provide more transparency, boost lending
Aiming to provide lenders with “more clarity and transparency” and encourage increased access to credit to worth borrowers, Fannie Mae and Freddie Mac announced a set of new policies pertaining to mortgage buybacks. The new rules, which take effect on Jan. 1, 2016, establish a list of potential alternatives to repurchase that either of the GSEs could offer to lenders in the event of underwriting defects.
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Trending Thursday: Staring right at the next housing crisis

Plus GSE reform is all sound, fury and nothing right now
There’s another housing crisis brewing, and it has nothing to do with housing price bubbles or the perpetual Fannie, Freddie conservatorship. Also, if the latest appraisal volume is an indicator of market strength, we're in trouble. All this and more.
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FHFA to housing protesters: Neighborhood stabilization is shared priority

Enhanced guidelines may already answer many protester concerns
Protesters rallied in front of the Federal Housing Finance Agency to protest REO investment and non-performing loan sales, saying it hurt minority neighborhoods. However, a lot of what they were demanding and denouncing the FHFA already does, or at least requires for buyers of non-performing loans.
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Elizabeth Warren takes to the streets against REO, NPL investors

Her supporters say they're sick of investors pricing out blacks, Hispanics
Sen. Elizabeth Warren is bringing disruption to housing's leading regulator. The firebrand Congresswoman is leading a rally today in front of the FHFA to protest REO sales to investors, saying they hurt black and Hispanic neighborhoods. What does she hope to accomplish? Short answer: a sea change.
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