TRID is a real obstacle to mortgage process

LoanDepot closes first $150M securitization of personal loans

Demand for new personal loans takes off

[Report] The housing market can withstand a Fed interest rate hike

But can it survive rising home prices?

Items Tagged with 'FHFA'


It's official: Obama signs bill limiting Fannie, Freddie CEO pay

Bill received unanimous support in House, Senate
In what has become a complete and total rebuke of an effort put forth by Federal Housing Finance Agency Director Mel Watt to award $3 million raises to the CEOs of Fannie Mae and Freddie Mac, President Obama signed into a law a bill that caps the salaries of Fannie Mae CEO Timothy Mayopoulos and Freddie Mac CEO Donald Layton.
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FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties
The Federal Housing Finance Agency announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2016. Despite some predictions that the loan limits would rise for 2016, the FHFA said the conforming loan limits will remain unchanged for much of the country, but not everywhere.
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It’s far past time to end Fannie, Freddie conservatorship. Here’s how to do it

CHLA shares plan for recapitalizing GSEs
It is now seven years since Fannie Mae and Freddie Mac went into conservatorship. The Community Home Lenders Association says that it believes a government guarantee is needed to maintain an affordable 30-year mortgage and sustain housing markets. But consensus is elusive on what should come next. Here is their plan.
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Community lenders push White House to recapitalize Fannie, Freddie

Say GSEs’ third quarter results are further evidence that conservatorship must end
In the wake of a weak third quarter that saw Fannie Mae’s net income cut in half and Freddie Mac take a loss for the first time in four years, two groups of community lenders are pushing the Obama administration to rebuild the capital reserves of the government-sponsored enterprises and develop a plan to end conservatorship of the GSEs.
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Stegman doubles down: White House will not recapitalize Fannie, Freddie

Says ending conservatorship wouldn't help affordable housing
For the second time in less than a fortnight, a senior official from the Obama administration has said, unequivocally, that the White House will not support ending the conservatorship of Fannie Mae and Freddie Mac by recapitalizing the government-sponsored enterprises.
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Major civil rights groups join push to recapitalize Fannie Mae, Freddie Mac

NCRC, NAACP, LULAC call on Obama administration to end conservatorship
Several of the largest civil rights groups in the country are joining together to call on the federal government to end the conservatorship of Fannie Mae and Freddie Mac and recapitalize the agencies, stating that an independent and fully capitalized Fannie and Freddie can better serve the country’s housing needs.
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