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In a letter to the Consumer Financial Protection Bureau, the Mortgage Bankers Association recommended adding six more months to the latest GSE patch proposal.
August 12
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A second-term Trump administration would likely continue its deregulatory efforts, focus on Fannie Mae and Freddie Mac's exit from conservatorship, and seek to facilitate fintech participation in the banking system.
August 11
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The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.
August 7
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While Black homeownership just rose to its highest level in 16 years, it's still the lowest of any racial demographic and 29 percentage points behind white people.
August 6
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With year-to-date issuance at $51.7 billion, investor demand appears to remain strong despite economic headwinds of the pandemic.
August 5
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An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.
August 5
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Even with the second quarter's market disruption, Redwood Trust still regained profitability.
July 31
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Fannie, Freddie also announced they'll face banklike liquidity standards starting Sept. 1.
July 31
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The mortgage giants will have to meet benchmarks for covering cash flow needs during stressed periods. The FHFA views the requirements as a prerequisite to the companies exiting conservatorship.
July 31
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Kathy Kraninger told the House Financial Services Committee that she supports proposed action to revamp the bureau's leadership framework following a major Supreme Court decision.
July 30
