Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Yale legal scholars on #FannieGate; homeownership's 50-year low, bank highs and more

Here's how to handle electronic delivery of mortgage disclosures

So many aren't even ready for TRID

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale
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Items Tagged with 'Flood insurance'

ARTICLES

Flood insurance rate-hike delay passes Senate handily

Bill goes to White House for signature after 72-22 vote
In a strong bipartisan vote on Thursday, the Senate passed a bill to ease big flood insurance premium increases faced by hundreds of thousands of homeowners and allow below-market rates to be passed on to people buying homes with taxpayer-subsidized policies.
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The wrong vote on this Senate bill will cost billions

A bill delaying rising flood insurance rates could cost taxpayers big time
Senate Bill 1846 delays rate hikes to the National Flood Insurance Program. Failing to pass it could mean flood insurance becomes unaffordable to many. Passing it means taxpayers are on the hook for billions for coastal homeowners.
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Flood insurance premiums could rise, FEMA warns

FEMA urges lawmakers to rewrite key flood insurance legislation
FEMA is asking Congress to rewrite the Flood Insurance Reform Act to prevent flood insurance rates from soaring to new heights. In its current state, the act includes no provisions for affordability, the agency claims.
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