The wording of the language-preference question first tells borrowers that their loan transaction is likely to be conducted in English but gives them the option of selecting one of six languages: English, Chinese, Korean, Spanish, Tagalog, and Vietnamese…
Work on housing-finance reform looks likely to ramp up in the coming weeks and months, including a document from the Trump administration and legislation in the Senate. But many policy analysts believe that passage of comprehensive legislation is still years away, giving great power to the next director of the Federal Housing Finance Agency. The Treasury Department will likely release principles on housing-finance reform within weeks, according to David Stevens ...
A handful of shareholder lawsuits challenging the government’s net worth sweep of Fannie Mae and Freddie Mac earnings have landed at the Supreme Court of the United States, asking the top court to review the constitutionality of the Federal Housing Finance Agency. Back in September, the FHFA filed a motion to dismiss in Atif Bhatti, et al., vs. The Federal Housing Finance Agency, stating that the plaintiffs lack standing to bring claims of their alleged injuries being related to ...
Joshua Rosner, managing director of Graham Fisher & Co., said his discussions with Trump officials and members of Congress suggest that the administration’s reform principles won’t be released until early next year…