Items Tagged with 'reform'


  • The devil is in the mortgage finance reform details

    On the bumpy road to a common securitization platform
    It now seems all but certain that 2014 will end without any further progress on comprehensive mortgage finance legislation. But the coming months will offer little comfort for those who rooted for such a stalemate in hope of avoiding hard decisions about fundamental parts of the current system.
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  • House passes CFPB reform bill

    Dramatic bureau overhaul goes to Senate
    The Consumer Financial Freedom and Washington Accountability Act, sponsored by House Financial Services Committee member Rep. Sean Duffy, R-Wisc., passed on a largely party line vote Thursday evening.
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  • Congratulations, Mr. Watt — now lower the rent

    Federal regulators urge funding for National Housing Trust Fund
    Before Mel Watt could even get his name plate on the door as head of the Federal Housing Finance Agency, top federal regulators are already urging him to end contributions to the National Housing Trust Fund and the Capital Magnet Fund.
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  • Shaping GSE Reform

    In a speech at the American Securitization Forum Conference, Representative Scott Garrett, Chairman of the House Financial Services Subcommittee on Capital Markets, began to lay out the goals for reforming housing finance and the Government Sponsored Entities (GSEs), Fannie Mae and Freddie Mac. Noting that 95% of the U.S. Mortgage market is current being financed by the federal government, Rep. Garrett said that reform needs to be led by four key objectives: 1.) Protect taxpayers; 2.) End the bailouts; 3.) Get private capital back in our mortgage markets; and 4.) Decrease government exposure to housing.  Realizing that there many
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