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CFPB, European Commission to Hold Principal-Level Talks

April 22, 2024
Shannon Clark
The two jurisdictions are continuing their partnership to share information about consumer financial protection issues and regulations.
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Other News in Brief

April 22, 2024
Shannon Clark
Judge in credit card lawsuit can continue; Republicans warn the bureau against rulemaking to limit arbitration; California tech school banned from lending.
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Strong Reactions to Freddie’s Plan for Second Mortgages

April 19, 2024
Dennis Hollier
A proposal from Freddie Mac to acquire second liens prompted immediate reactions. The GSE rebuts claims that its plan represents “mission creep” or that it would interfere with the existing securitization market for closed-end seconds.
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Thompson Spars With Republicans at Hearing

April 19, 2024
Dennis Hollier
Republicans on the Senate Banking Committee confronted FHFA Director Sandra Thompson about title insurance waivers and DPA “slush funds” at the GSEs.
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FHFA, CSBS Agree to Share Information About Nonbanks

April 19, 2024
Dennis Hollier
Lenders say any information sharing should respect the confidentiality of nonbanks and their customers.
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Freddie Data Highlights Climate Risk for Housing

April 19, 2024
Dennis Hollier
Climate change has people on the move, but they seem to be immigrating to exactly the wrong places.
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Stakeholders Respond to GAO’s FHLB Report

April 19, 2024
Dennis Hollier
The GAO’s fact-filled, even-handed review of the FHLBanks’ role in last spring’s regional banking crisis has been used to justify arguments by both critics and supporters of the banks.
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Morningstar Gives GSEs AAA Ratings

April 19, 2024
Dennis Hollier
The rating service focuses on the government’s implicit guarantee and the critical role the GSEs play in housing finance and the financial sector more generally. Fannie and Freddie also have healthy earnings.
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Fannie, Freddie CRT Activity Starting to Pick Up

April 19, 2024
Dennis Hollier
Despite an uptick in CRT issuance, high costs continue to drive more risk retention at Fannie Mae and Freddie Mac.
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Figure Launches Alternative to MERS Registry

April 19, 2024
James Dohnert
Figure Technology Solutions is offering its Digital Asset Registration Technologies registry to partners of Figure Lending to use for home equity lines of credit.
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