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Home » Topics » Inside Mortgage Finance » Legislation

Legislation
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Off-Again, On-Again Eviction Moratoriums

August 5, 2021
Dennis Hollier
CDC institutes a new ban, while federal agencies warn landlords not to evict tenants without first seeking rental assistance.
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MBA Asks NY Gov. to Veto CRA Bill Aimed at Nonbanks

August 5, 2021
Lisa Burden
One of the biggest regulatory fears of nonbanks? Answer: being subject to CRA laws. New York is turning into a battleground state.
Read More

A Blowout 2Q21 for Freddie. Meanwhile, G-Fee Trouble Ahead?

July 29, 2021
Paul Muolo and Dennis Hollier
If mortgage lenders thought g-fees might decline this fall, they may be gravely disappointed. Meanwhile, the adverse market refi fee clearly boosted Freddie Mac’s 2Q21 results.
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FHFA’s Post-Calabria Priorities: Affordable Housing, More

July 29, 2021
Dennis Hollier
Lenders argue that Thompson should focus on reversing unpopular policies initiated when Mark Calabria was FHFA director. They point to unvetted credit requirements and the product caps included in the PSPAs.
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FHFA Hears More from Small Lenders

June 10, 2021
Dennis Hollier
Critics argue that community banks and small credit unions are vulnerable to rules designed for large lenders. Also, if Fannie and Freddie exit conservatorship, many of the guardrails protecting small lenders could vanish.
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Biden Ready to Work with Congress on GSE Reform (Huh?)

June 3, 2021
Paul Muolo
GSE reform garnered a slight mention in the White House budget document. Meaning? Draw your own conclusions.
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The Post-Forbearance Predictions Have Begun

May 27, 2021
Dennis Hollier
Data confirm that forbearance and income support during the pandemic reduced serious delinquency rates. Economists say deferrals and home price increases should help keep them down.
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Senate Overturns OCC’s True Lender Rule

May 20, 2021
Maria Volkova
The so-called rent-a-bank scheme allowed nonbanks to get around state caps on interest rates, according to Democratic lawmakers.
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Treasury Starts to Distribute Homeowner Assistance Fund

May 20, 2021
Brandon Ivey
The fund provides grants to help struggling borrowers cover mortgage payments, loan modifications and housing expenses.
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Nonbanks Debate Fed Chair’s Suggestion of Expanding CRA

May 13, 2021
Dennis Hollier
Nondepositories may not object to the anti-redlining regulations if they come with bank-like privileges.
Read More
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