Federal Home Loan banks' purpose called into question as advances drop
Federal Home Loan banks' purpose called into question as advances drop
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Calls for “reform” in times of high liquidity ignore the scalability of the system, and the need to have it around in times of trouble.
Calls for “reform” in times of high liquidity ignore the scalability of the system, and the need to have it around in times of trouble.
The Council of Federal Home Loan banks has named Ryan Donovan as its next president and chief executive.The trade organization announced that Donovan, who joined the Credit Union National Association in 2007 as vice president of regulatory affairs and currently works as its executive vice president and chief advocacy officer, will begin his new roles on Sept. 6. He succeeds John von Seggern, who according to his LinkedIn profile had led the trade group since his appointment in January 1998 and ...
The Council of Federal Home Loan banks has named Ryan Donovan as its next president and chief executive.The trade organization announced that Donovan, who joined the Credit Union National Association in 2007 as vice president of regulatory affairs and currently works as its executive vice president and chief advocacy officer, will begin his new roles on Sept. 6. He succeeds John von Seggern, who according to his LinkedIn profile had led the trade group since his appointment in January 1998 and ...
The Federal Home Loan Bank System must do more to address the affordable housing crisis and should consider allowing nonbank mortgage lenders to become members, housing experts said Thursday at a listening session hosted by the Federal Housing Finance Agency. FHFA Director Sandra Thompson has initiated a comprehensive review of the system — the first in the Home Loan banks' 100-year history. But she cautioned that the FHFA remains in listening mode and plans to host regional roundtable discu...
The Federal Home Loan Bank System must do more to address the affordable housing crisis and should consider allowing nonbank mortgage lenders to become members, housing experts said Thursday at a listening session hosted by the Federal Housing Finance Agency. FHFA Director Sandra Thompson has initiated a comprehensive review of the system — the first in the Home Loan banks' 100-year history. But she cautioned that the FHFA remains in listening mode and plans to host regional roundtable discu...
WASHINGTON — The director of the Federal Housing Finance Agency said the agency would “reexamine” the structure and role of the Federal Home Loan banks in the U.S. housing market, the first possible steps of long-sought reform. Testifying during an oversight hearing of the House Financial Services Committee, FHFA Director Sandra L. Thompson told lawmakers in her opening remarks that the agency would soon begin a formal review of the Federal Home Loan Bank System. The government sponsor...
WASHINGTON — The director of the Federal Housing Finance Agency said the agency would “reexamine” the structure and role of the Federal Home Loan banks in the U.S. housing market, the first possible steps of long-sought reform. Testifying during an oversight hearing of the House Financial Services Committee, FHFA Director Sandra L. Thompson told lawmakers in her opening remarks that the agency would soon begin a formal review of the Federal Home Loan Bank System. The government sponsor...
About six months ago I co-wrote a Bank Think article stating that, in light of its declining fortunes and its failure to adapt to a changing marketplace, the mission of the Federal Home Loan Bank System ought to be reevaluated. I followed that up weeks later with an open letter to FHFA director-designate Sandra Thompson, who regulates the system.These articles led to a particularly useful meeting with Ms. Thompson and her senior staff on the topic. Later at a public event, Ms. Thompson commente...
About six months ago I co-wrote a Bank Think article stating that, in light of its declining fortunes and its failure to adapt to a changing marketplace, the mission of the Federal Home Loan Bank System ought to be reevaluated. I followed that up weeks later with an open letter to FHFA director-designate Sandra Thompson, who regulates the system.These articles led to a particularly useful meeting with Ms. Thompson and her senior staff on the topic. Later at a public event, Ms. Thompson commente...
A mortgage loan pipeline allows loan officers to maximize their efficiency and increase their revenue. Understanding how these pipelines work can be the key that unlocks your true business potential. What is a loan pipeline? How does it work? This guide will introduce you to the basics of mortgage loan pipelines and how they can enhance the lending process. What Is a Loan Pipeline? A mortgage loan pipeline is a set of loans that have been initiated but not completed. In some cases, the loans ...
A mortgage loan pipeline allows loan officers to maximize their efficiency and increase their revenue. Understanding how these pipelines work can be the key that unlocks your true business potential. What is a loan pipeline? How does it work? This guide will introduce you to the basics of mortgage loan pipelines and how they can enhance the lending process. What Is a Loan Pipeline? A mortgage loan pipeline is a set of loans that have been initiated but not completed. In some cases, the loans ...
Data Calling Fed's Confidence Into Question As the new year began, the late 2023 assumption of multiple rate cuts from the Fed quickly gave way to the notion of needing "just a bit more confidence" that inflation was sustainably on the path to 2.0% before rate cuts could commence. That shift in verbiage coincided with a shift in inflation numbers in January's data. Now that February's inflation data is mostly in, we find inflation running nearly as hot as last month at the consumer level and...
Data Calling Fed's Confidence Into Question As the new year began, the late 2023 assumption of multiple rate cuts from the Fed quickly gave way to the notion of needing "just a bit more confidence" that inflation was sustainably on the path to 2.0% before rate cuts could commence. That shift in verbiage coincided with a shift in inflation numbers in January's data. Now that February's inflation data is mostly in, we find inflation running nearly as hot as last month at the consumer level and...
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
CNBC's Diana Olick joins 'Squawk on the Street' to report on home sales dropping.
CNBC's Diana Olick joins 'Squawk on the Street' to report on home sales dropping.