As the White House continues looking for the right candidate to head the Federal Housing Finance Agency, industry trade group officials and stakeholders have come to the conclusion that the days of new “pilot” programs for Fannie Mae and Freddie Mac may be over.
John Ryan, president and CEO of the CSBS, compared the potential impact from the fintech charter to issues involving federal preemption of state laws in the lead up to the financial crisis.
While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…
Mortgage originations tapered off slightly from the second to the third quarter of 2018, according to a new analysis by Inside Mortgage Finance. [Includes one data chart.]
Although industry-wide mortgage production was relatively stable during the third quarter, lenders up and down the ranking reported significantly different trend lines. [Includes one data chart.]
Computershare Loan Services has a message for the residential finance sector: If you’re looking to sell mortgage servicing rights, CLS wants to talk to you.
The Consumer Financial Protection Bureau hinted at possible future rulemaking on the use of the disparate-impact theory under the Equal Credit Opportunity Act. Attorneys said it would be a significant development in fair lending law.
First-time homebuyers are now choosing conventional loans with private mortgage insurance more than FHA loans, according to researchers at Genworth Mortgage Insurance. The shift took place in the second quarter when, for the first time, loans with private MI became the leading product for FTHBs.
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