The IG's evaluation survey found that the total cumulative voluntary attrition rate at Fannies capital markets group increased somewhat from January 2010 through 2012.
FHFA has handed over a list of CEO candidates to Spencer Stuart, which bills itself as an international recruiting firm with 54 offices in 29 countries.
The PATH Act awaits a vote on the House floor. But Hensarlings measure is widely viewed as a non-starter in comparison to the Senates bipartisan Corker-Warner bill.
According to a new letter obtained by Inside Mortgage Finance, HUD says it is uncertain whether any new loan created under the controversial eminent domain plan would qualify for FHA insurance.
The guidance, effective October 15, applies to manually underwritten FHA loans and requires lenders to document reasons for approving a mortgage when the borrower has collection accounts or judgments.
A group, including State National Bank of Big Spring, TX, and 11 state attorneys general, have appealed a recent district court dismissal of their lawsuit that challenges the constitutionality of the CFPB as well as President Obamas recess appointment of Richard Cordray as the bureaus director. The district courts opinion is deeply flawed, C. Boyden Gray, lead counsel for the plaintiffs, said in announcing the appeal. It is disturbing that the opinion and the government ignored the very real harm Dodd-Frank has...