In a statement issued to Inside Mortgage Finance, Sen. Mark Warner, D-VA – a key player in the process – said he is still interested in the topic, noting the panel wants a...
The Treasury Department appears to be in agreement with the Federal Housing Finance Agency on objectives for a post-conservatorship housing-finance system, which includes preserving the 30-year fixed-rate mortgage and competition in the secondary market.
There could be substantial revisions to some major mortgage-related rulemakings from the Consumer Financial Protection Bureau under the direction of Acting Director Mick Mulvaney, such as the ability-to-repay rule and the mortgage servicing rules.