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The debt is costing taxpayers $4 billion a year, but rather than forgive it Republicans remain focused on creating a private flood insurance market.
March 9
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In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.
March 9
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Freddie Mac is preparing a transaction that transfers credit risk on $640 million of super-conforming residential mortgages.
March 9 -
Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.
March 9 -
Most lenders' quality control headaches were triggered by the Consumer Financial Protection Bureau's Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosure rule.
March 8 -
The HUD inspector general reignited an ongoing dispute with housing regulators, saying $29 billion of Federal Housing Administration mortgages may be at risk because they relied on deceptive borrower-financed down-payment assistance.
March 8
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Altisource Portfolio Solutions has launched a new mortgage trading platform for mortgage bankers and loan investors.
March 6
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Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.
March 6
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Ben Carson is facing a turbulent housing market as he takes the reins of the Department of Housing and Urban Development, with mortgage rates rising, inventories tight and home prices higher.
March 3
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The current partisan war over the Dodd-Frank Act is just one dispute in a broader ideological divide about the government’s role in industry.
March 3
