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Have Fannie and Freddie Paid Treasury in Full? Maybe Not

October 21, 2019
Dennis Hollier

Alex Pollock: Even if you allow the companies a credit of 2% interest on their over-payments, they would nevertheless be left with a principal debt exceeding $100 billion.


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New Task Force to Examine Consumer Finance Laws

October 21, 2019
Yemeng Yang
The CFPB is setting up a task force to conduct research on consumer credit laws and regulations.
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Debt Collection Law Covers Mortgage Debt in California

October 21, 2019
Yemeng Yang
California enacted an amendment clarifying that mortgages are covered under the state’s debt collection law.
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House Dems Question CFPB Enforcement Actions

October 21, 2019
Yemeng Yang
CFPB Director Kathy Kraninger was grilled by Democratic lawmakers regarding enforcement actions during hearings on Capitol Hill. Other topics such as fair lending, innovation policies and qualified-mortgage patch were also on the agenda.
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CFPB Constitutionality Case Not on SCOTUS Review List

October 17, 2019
Yemeng Yang
A case challenging the consumer watchdog’s constitutionality was not listed for SCOTUS review on Tuesday. Meaning?
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CFPB’s Task Force to Identify Regulatory Gaps

October 17, 2019
Yemeng Yang
The bureau is creating a task force to research and analyze federal consumer financial laws, including mortgage-related regulations.
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LendingClub Launches New Platform for Institutional Investors

October 17, 2019
Yemeng Yang
The online marketplace’s new platform for institutional investors to purchase unsecured consumer loans is aimed at increasing liquidity.
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Fannie HQ Building Serves as Collateral in CMBS Deal

October 17, 2019
Yemeng Yang
Carr Properties is sponsoring a single-asset, single-borrower CMBS backed by a loan on a building that hosts Fannie Mae’s new headquarters.
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CMBS Sector Expected to Weather the Slowing Economy

October 10, 2019
Yemeng Yang
The commercial MBS sector will show steady performance in a slowing economy during the fourth quarter, according to rating agencies.
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Lenders Seek to Undo CFPB Enforcement Actions

October 10, 2019
Yemeng Yang
With the CFPB ceasing to defend its constitutionality, financial institutions are challenging the bureau’s enforcement actions.
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