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Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.
June 12 -
The agency’s new guidance would limit some nonprofits’ ability to help borrowers pay their down payments, leading to higher home costs.
June 11National Homebuyers Fund -
The agency announced the series in April as an effort to encourage public dialogue on policy issues.
June 11 -
Treasury Secretary Steven Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. He also said he backed an explicit government guarantee, something only Congress can do.
June 10 -
The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.
June 7 -
With the Trump administration appearing willing to shake up Fannie Mae and Freddie Mac without Congress, Reps. Lacy Clay, D-Mo., and Sean Duffy, R-Wis., said legislative action should be a priority.
June 4 -
The head of Fannie Mae and Freddie Mac’s regulator blamed “burdensome” local regulations for a lack of housing supply, and also provided an update on the administration’s plan for GSE reform.
June 3 - LIBOR
Although Libor will will not be phased out until at least 2021, Randal Quarles said making the switch early is "consistent with prudent risk management."
June 3 -
With Sen. Elizabeth Warren's cancellation plan to alleviate student debt, millennials would save up for mortgage down payments three years sooner, according to Redfin.
May 31 -
The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.
May 31