5 questions for Freddie Mac’s next CEO
David Brickman will take the helm of the mortgage giant at a time of transformation in the mortgage market and housing finance policy.
GSEs
Crapo planning two days of Senate Banking hearings on GSE reform
The Senate Banking Committee will hold two hearings at the end of March on Chairman Mike Crapo’s most recent framework for housing finance reform.
Multifamily and CRE loan debt sees largest rise since housing bubble
Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.
Housing finance reform bill coming by 2020: Crapo
In remarks to credit unions, the Senate Banking Committee Chairman said that fixing the government-sponsored enterprises and data security were priorities.
SIFMA approves changes to allow forward delivery of loans for UMBS
The Securities Industry and Financial Markets Association approved changes to its good delivery guidelines that ease the path to the government-sponsored enterprises issuing uniform mortgage-backed securities starting on June 3.
FHFA chief-to-be’s top priority: More capital for Fannie, Freddie
Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.
Arch, Essent go head-to-head with credit risk transfer deals
Arch Capital’s next offering of credit risk transfer notes features heavy exposure to residential mortgages that have been modified by Fannie Mae or Freddie Mac.
FHFA rule requires Fannie and Freddie to align cash flows on MBS
The new regulation, codifying requirements already in practice, is meant to help the mortgage giants prepare for the adoption of a uniform security in June.
5 things to watch at FHFA nominee’s Senate hearing
Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform.
Will GSE reform come from the White House, Congress … or both?
Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government.
GSE reform, CFPB underwriting rule are on collision course
Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.
Opinion Changes to capital rules should be part of GSE overhaul
As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system.
Commercial mortgage market should prep for Libor switch now: MBA
While the London interbank offered rate won't go dark until 2021, the commercial real estate finance industry should start preparing for the transition now, says the Mortgage Bankers Association.
Trump sends Calabria’s nomination as FHFA director to the Senate
The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency.
Single-family rental loans lack uniform credit standards: Freddie Mac
The single-family rental market could benefit from more consistent loan terms and expanded secondary mortgage market opportunities, Freddie Mac found in a preliminary test of expanded involvement in the sector.
Freddie Mac executes first ever non-LIHTC deal
Freddie Mac issued its first non-low-income housing tax credit forward commitment, providing financing for an affordable housing development in Minnesota.
Will 2019 bring long-awaited GSE reform?
After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.
How a liquidity crunch will shape the secondary mortgage market in 2019
Liquidity, products and pricing are the main concerns for the secondary mortgage market in 2019.
On way out, Hensarling makes final case for GSE reform
The House Financial Services Committee held a hearing to examine the outgoing committee chairman's bipartisan GSE reform bill, but lawmakers were already looking ahead.
Trump names OCC’s Otting as acting director of FHFA
The White House said that Comptroller of the Currency Joseph Otting will serve as acting director of the Federal Housing Finance Agency beginning Jan. 6, after Director Mel Watt’s term ends.
Load More
Couldn’t load more articles. Try again.