Items Tagged with 'Federal Housing Enterprise Oversight'

ARTICLES

  • Are Investors Overreacting on Fannie, Freddie?

    While MBS markets firmed following Office of Federal Housing Enterprise Oversight director James Lockhart's insistence earlier this week that FASB's accounting changes should not drive capital changes at either Fannie Mae [stock FNM][/stock] or Freddie Mac [stock FRE][/stock], it's pretty clear Thursday that both the debt and equity markets are still skeptical.
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  • OCC's Dugan Calls for Withdrawal of Appraisal Pact

    In the clearest challenge yet to a proposed appraisal management agreement reached in March by New York attorney general Andrew Cuomo and home finance giants Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock], Comptroller of the Currency John Dugan has sent a letter calling on Office of Federal Housing Enterprise Oversight director James Lockhart withdraw the appraisal pact.
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  • Fannie, Freddie and More Capital: A Look from Both Sides

    Al Yoon at Reuters yesterday interviewed Office of Federal Housing Enterprise Oversight director James Lockhart, and peered into what the GSE regulator is thinking next after reducing a capital surcharge for both Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock], and also relaxing portfolio growth constraints for both housing enterprises. From the story:
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  • Plans to Relax Capital Constraints at Fannie, Freddie Nearing Completion

    Can Fannie Mae and Freddie Mac ride to the rescue of the mortgage market? Policymakers are clearly hoping so, with the Wall Street Journal reporting Tuesday that plans to reduce capital constraints at the government-sponsored enterprises are in the "final stages." Office of Federal Housing Enterprise Oversight director James Lockhart first suggested the plan in late February.
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  • Schumer: GSEs Need to Embrace 'Partial Chargeoffs'

    Senator Charles Schumer (D-NY) called Wednesday on both Fannie Mae and Freddie Mac to reduce the principal balance of loans for borrowers whose property values have fallen below what they owe on their mortgage, as part of an effort to help borrowers avoid foreclosure, Reuters reported.
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