Steven Rosenbaum

Chairman, President and CEO

Steven Rosenbaum is chairman of the council of Federal Home Loan Banks and chairman, president and CEO of Prospect Federal Savings Bank, in Worth, Ill.

Compliance

Bring the Home Loan Banks' Housing Program into the 21st Century

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates.

By Steven Rosenbaum

July 13

TRENDING

Secondary markets

Freddie Mac home-equity loan proposal gets pushback from SFA

The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.

By Bonnie Sinnock

41m ago
Earnings

Why PrimeLending remains challenged in near term

The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.

By Brad Finkelstein

1h ago
Ginnie Mae

Why private capital should be allowed to provide liquidity to Ginnie Mae servicers

Banks and other private lenders could help ease the liquidity crisis facing some companies that service Ginnie Mae mortgages, but are currently prevented from doing so by the agency's rules. A simple fix would benefit everyone involved.

By Edward DeMarco

1h ago