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Community banks are fighting a plan unveiled by the Federal Housing Finance Agency that would force many banks and thrifts to maintain at least 10% of their assets in the form of home loans or mortgage-backed securities.
September 5 -
New regulation meant to ensure banks have enough easy-to-sell assets to survive a crisis is creating doubt over whether $1.1 trillion of mortgage debt qualifies, potentially hurting demand in a key cog of the U.S. home-finance system.
September 5 -
More regulations and higher costs are causing an increasing number of smaller financial institutions to consider having someone else originate loans for them.
September 4 -
Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.
September 4 -
The time has come for residential private-label mortgage-backed securities in Canada, but the market will look nothing like the United States'.
September 3
Steel Curtain Capital Group LLC -
Fannie Mae is planning to sell 10-year benchmark debt in the first offering of its type from a government-sponsored enterprise in more than two years, according to FTN Financial.
September 3 -
Los Angeles County is taking steps to restart its Property Assessed Clean Energy residential program by early 2015.
September 2 -
The Federal Housing Finance Agency issued a proposal Tuesday designed to exclude captive insurers from the Home Loan Bank system.
September 2 -
The overseer of the Federal Home Loan Banks is planning changes to membership rules that would keep investment firms and lenders lacking customer deposits out of the U.S. government-chartered system.
September 2 -
Six years after Angelo Mozilo lost control of the largest mortgage lender in the U.S., and days after news that the U.S. Attorney's Office in Los Angeles plans to sue him, the Countrywide Financial Corp. founder is baffled by a new effort to punish him, proud of past triumphs and incensed by criticism.
September 2






