FHFA gets blowback on proposed liquidity requirements
FHFA gets blowback on proposed liquidity requirements
Industry stakeholders took to a virtual forum Monday afternoon to share their thoughts on proposed tweaks to criteria for Fannie Mae and Freddie Mac sellers and servicers, as well as a 2021 proposal by Ginnie Mae for its issuers.
The post FHFA gets blowback on proposed liquidity requirements appeared first on HousingWire.
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Industry stakeholders took to a virtual forum Monday afternoon to share their thoughts on proposed tweaks to criteria for Fannie Mae and Freddie Mac sellers and servicers, as well as a 2021 proposal by Ginnie Mae for its issuers.
The post FHFA gets blowback on proposed liquidity requirements appeared first on HousingWire.
Industry stakeholders took to a virtual forum Monday afternoon to share their thoughts on proposed tweaks to criteria for Fannie Mae and Freddie Mac sellers and servicers, as well as a 2021 proposal by Ginnie Mae for its issuers.
The post FHFA gets blowback on proposed liquidity requirements appeared first on HousingWire.
The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for lenders and servicers they oversee.
The post FHFA and Ginnie Mae relax proposed seller servicer requirements appeared first on HousingWire.
The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for lenders and servicers they oversee.
The post FHFA and Ginnie Mae relax proposed seller servicer requirements appeared first on HousingWire.
The new report is in response to a controversy over Former Director Mark Calabria’s intent to pay out a “bonus” to a Fannie Mae executive.
The post FHFA OIG addresses executive compensation controversy appeared first on HousingWire.
The new report is in response to a controversy over Former Director Mark Calabria’s intent to pay out a “bonus” to a Fannie Mae executive.
The post FHFA OIG addresses executive compensation controversy appeared first on HousingWire.
Moving towards bank-like capital standards for all independent mortgage banks that sell loans to Fannie Mae and Freddie Mac could limit consumer access to mortgage credit, writes Community Home Lenders Association executive director Scott Olson.
Moving towards bank-like capital standards for all independent mortgage banks that sell loans to Fannie Mae and Freddie Mac could limit consumer access to mortgage credit, writes Community Home Lenders Association executive director Scott Olson.
Sandra Thompson's latest move as acting FHFA chair? Having lenders disclose the language preference of their borrowers.
The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
Sandra Thompson's latest move as acting FHFA chair? Having lenders disclose the language preference of their borrowers.
The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
As part of the Federal Housing Finance Agency's recap of past-year initiatives for Congress, the regulator extended the deadline for its final version of counterparty requirements and noted roadblocks to Fannie Mae and Freddie Mac’s exit from conservatorship.The reproposed minimum financial eligibility requirements for mortgage companies that government-sponsored enterprises Fannie Mae and Freddie Mac work with are now specifically set to be finalized in the third quarter, according to the an...
As part of the Federal Housing Finance Agency's recap of past-year initiatives for Congress, the regulator extended the deadline for its final version of counterparty requirements and noted roadblocks to Fannie Mae and Freddie Mac’s exit from conservatorship.The reproposed minimum financial eligibility requirements for mortgage companies that government-sponsored enterprises Fannie Mae and Freddie Mac work with are now specifically set to be finalized in the third quarter, according to the an...
The Fifth Circuit U.S. Court of Appeals found this week that the funding source for the Consumer Financial Protection Bureau (CFPB) is unconstitutional
The post Appeals court rules CFPB funding source unconstitutional appeared first on HousingWire.
The Fifth Circuit U.S. Court of Appeals found this week that the funding source for the Consumer Financial Protection Bureau (CFPB) is unconstitutional
The post Appeals court rules CFPB funding source unconstitutional appeared first on HousingWire.
A “misalignment” in existing regulations that allow banks to access lower-cost financing even with negative tangible capital could be negatively impact smaller banks, the letter to the FHFA says.
The post 77 bank trade groups urge FHFA to modify its tangible capital rule appeared first on HousingWire.
A “misalignment” in existing regulations that allow banks to access lower-cost financing even with negative tangible capital could be negatively impact smaller banks, the letter to the FHFA says.
The post 77 bank trade groups urge FHFA to modify its tangible capital rule appeared first on HousingWire.
A recent Federal Housing Finance Agency requirement is one step toward boosting resources for non-English speaking borrowers.
The post Opinion: FHFA language requirements may shake up compliance landscape appeared first on HousingWire.
A recent Federal Housing Finance Agency requirement is one step toward boosting resources for non-English speaking borrowers.
The post Opinion: FHFA language requirements may shake up compliance landscape appeared first on HousingWire.
Two regulatory agencies are urging lenders to provide disclosures to consumers in the language of their choice, a move that could presage future requirements that lenders make more accommodations for borrowers not proficient in English.The Federal Housing Finance Agency and the Consumer Financial Protection Bureau have taken steps in recent weeks for lenders and financial institutions to provide outreach to non-English speakers, particularly Spanish speakers. Federal Housing Finance Agency...
Two regulatory agencies are urging lenders to provide disclosures to consumers in the language of their choice, a move that could presage future requirements that lenders make more accommodations for borrowers not proficient in English.The Federal Housing Finance Agency and the Consumer Financial Protection Bureau have taken steps in recent weeks for lenders and financial institutions to provide outreach to non-English speakers, particularly Spanish speakers. Federal Housing Finance Agency...