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The U.S. Treasury Department will begin developing regulations that could expand reporting requirements for all-cash real estate purchases as part of the Biden administration’s efforts to cut down on global corruption, according to two senior administration officials.

The guessing game is over about President Biden’s pick for Federal Reserve chair, but several names are in the mix for three additional vacancies on the board, including vice chair for supervision.

All of the loans are non-prime loans, and this is the first transaction that BREDS will sponsor using the BINOM shelf.

Ashish Masih is Encore Capital Group’s President and CEO.

Former principal economist at the Federal Housing Finance Agency does the math on how the changes impact the missions of Fannie Mae and Freddie Mac.

A group of 20 insurers and reinsurers provided coverage for the government-sponsored enterprise’s credit insurance risk transfer deal, which was the biggest in its category to date.

Similarities between the current rate of appreciation and what took place between 2004 and 2006 are mitigated by changes in the housing market.

But the latest employment report also reveals that if construction hiring remains sufficiently strong, home purchase originations are on track to grow to $1.7 trillion from $1.6 trillion next year.

Marcus Newman, RHU, CBC is vice president of employee benefits at GCG Financial, an Alera Group Company, a leading provider of exceptional employee benefits, risk management and wealth management solutions. To reach the author, please email Marcus.Newman@gcgfinancial.com or for more information visit www.gcgfinancial.com. 

The entire collateral pool is made up of conforming, high-balance mortgage loans underwritten using an automated system designated by Fannie Mae or Freddie Mac.