Concerned about relaxed appraisal standards for mortgage originations, two senior members of the House Financial Services Committee want the Government Accountability Office to conduct a study.
Ginnie Mae will meet with nine of its top nonbank issuers to discuss counter-party risk and how they plan to address capital and liquidity issues as part of its continuing surveillance of nonbanks’ financial health.
The Financial Stability Oversight Council noted the risks posed by nonbank mortgage firms in its latest annual report. But are FSOC's concerns overblown? Trade groups weigh in, as does Treasury Secretary Mnuchin.
Industry veteran Brian Montgomery this week moved a little closer to getting the No. 2 job at HUD after the SBC gave him the thumbs-up. Next stop: the full Senate.
DPA provided by government entities and the disparate-impact standard are among HUD's regulatory priorities for FY 2020, according to the agency's regulatory agenda.
It was a bravura performance for the FHA’s Mutual Mortgage Insurance Fund in fiscal 2019. The MMIF ended the year with a capital ratio of 4.8%, more than double the statutory minimum.
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