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House Bill to Allow VA Financing of Cooperative Housing

February 27, 2020
George Brooks
A bill was introduced in the House to allow VA financing for cooperative housing.
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Clarity on ‘Auto-Dialer’ Needed

February 20, 2020
George Brooks
Mortgage service providers are seeking a clarification from the Federal Communications Commission on the definition of an “automatic telephone dialing system” in light of differing court interpretations.
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2021 Budget for Housing Finance: Déjà vu, Again

February 13, 2020
Dennis Hollier
Just like previous budgets proposed by President Trump, the 2021 version stands little chance of getting passed by Congress. But it does provide a win-dow into the administration’s priorities.
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Lawmakers Call for End to Using VA Fees for Other Programs

January 2, 2020
George Brooks
A bipartisan group of lawmakers urged Congress to stop hiking VA loan-guarantee fees to offset costs of non-housing VA programs.
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Tighter Privacy Rules for Lenders Come Into Effect

January 2, 2020
Dennis Hollier
Mortgage lenders will now have to secure express consent from borrowers before using or sharing their tax return information.
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CFPB Constitutionality Battle May Disrupt Mortgage Industry

January 2, 2020
Yemeng Yang
Some trade groups urged the Supreme Court to pursue a narrow remedy if the CFPB’s structure is found unconstitutional, in order to prevent market disruption.
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Senate Democrats Buttonhole Calabria and Mnuchin

December 19, 2019
Dennis Hollier
Senate Banking Committee members are seeking more information on the administration’s plan to release the GSEs from conservatorship.
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Mortgage Grapevine: If Only He Had Waited to Sell

November 21, 2019
Paul Muolo
The founder of PennyMac has been selling shares in the company. But after he did, the stock price climbed even higher.
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Fannie and Freddie Clearing the Decks for Eventual Stock Offering?

November 14, 2019
Paul Muolo
One of these days, the two mortgage giants will commence with a new stock offering. Right? The market seems to be betting on the fact, as are the government-sponsored enterprises.
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Calabria: Willing to Wipe Out GSE Shareholders If Needed

October 24, 2019
Dennis Hollier
FHFA Director Mark Calabria said he would be willing to wipe out Fannie Mae and Freddie Mac shareholders if needed to ensure taxpayers don’t have to bail out the mortgage giants again.
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