Part of the problem is that the current proposed rule was a product of the previous director and much has changed since the rulemaking began a year ago.

The increase reflects a 5.38% surge in the price of the average home from the third quarter of 2018 to the third quarter of 2019, as calculated in FHFA’s House Price Index.

The plaintiffs had accused 16 major financial institutions of exploiting their market dominance to manipulate bond prices.

Agency Director Mark Calabria is hiring like-minded executives from the conservative institutions of his past.

Prosecutors allege that co-owners of a company that offered assistance to borrowers going through short sales illegally charged fees for negotiating the sales.

ARRC language would ease the transition from LIBOR to an alternative index based on SOFR.

The legislation appears to be a de facto extension of the qualified-mortgage patch, according to Cowen analyst Jaret Seiberg. He said the bill could be positive for housing by ensuring the supply of mortgage credit is not constrained.