Many stakeholders remain skeptical of the Trump administration’s efforts to release the GSEs from conservatorship, but some analysts now say the process need not meaningfully impact mortgage rates.
Poor internal controls at FHFA failed to prevent or correct errors totaling almost $4 million, according to the Government Accountability Office. The solution: better communication between accounting and other business units.
FHFA Director Bill Pulte gets a glimpse of what congressional oversight looks like as leading Democrats criticize him for actions in his first weeks in office.
With banking regulators considering how to revise their Basel III endgame proposal, the U.S. Mortgage Insurers stressed that regulators should look more favorably on loans with private MI.
A delay in the QM rule compliance date has created a Catch-22 in which the CFPB says the GSE patch is still available, but the amended preferred stock purchase agreements won’t allow the GSEs to use it.