Compliance & Regulation

The Federal Housing Finance Agency wants to work with the two government-sponsored enterprises to create a common platform that’s capable of securitizing government loans and private mortgages.

Community banks have long been a source of loans that for a variety of reasons do not fit the parameters of Fannie Mae and Freddie Mac programs.

As a first-time senator, Elizabeth Warren will have to build alliances and wait to gain more seniority before having an impact on banking and mortgage policies.

The Federal Housing Administration's financial plight is the result of its support for the housing market after private sources of credit dried up.

Fannie Mae and Freddie Mac are taking new steps to facilitate the closing of loans that were being processed when Hurricane Sandy slammed into the New Jersey coast.

The decision to delay the implementation date on Basel III capital rules could be a game changer for the residential mortgage servicing business–or maybe not.

Recently, many in the financial services industry have pushed for a weak qualified mortgage rule, and have even pushed for rolling back Dodd-Frank altogether.

When the new Basel III capital standards were first issued for public comment in June, federal banking regulators suggested that the effective date would be Jan. 1.

Several bank regulators have made it clear in the last month that they don't want banks releasing reserves too quickly.