While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…

John Ryan, president and CEO of the CSBS, compared the potential impact from the fintech charter to issues involving federal preemption of state laws in the lead up to the financial crisis.

A growing concern that foreign investors might avoid Ginnie MBS?

In February, the CFPB issued a request for comment regarding its supervisory programs…

Cowen expects the next FHFA director to either terminate the GSE pilots or let them expire...

Otting is Comptroller of the Currency. The speculation is that he will pull a Mick Mulvaney and wear two hats for a while…

The allegations center on loans submitted to FHA for insurance coverage from January 2006 to Dec. 31, 2011.

Ginnie will soon require its largest issuers to secure servicer ratings and, in some cases, credit ratings…

The Department of Veterans Affairs will begin a new rulemaking on qualified mortgages to conform to Dodd-Frank reform act mandates. Observers say the move is simply housekeeping, since the previous QM interim final rule (IFR) requirements were rendered moot with the enactment of the Economic Growth, Regulatory Relief, and Consumer Protection Act back in May. The new law, also known as the Dodd-Frank reform act, superseded the previous rule’s seasoning and recoupment requirements for VA Interest Rate Reduction Refinance Loans. Specifically, the act removed the category of rebuttable presumption for IRRRLs deemed as QM under the interim final rule. It also imposed new requirements that were not considered at the time the IFR was issued. The VA did not say whether changes were made ...

Mortgage lenders are urging the U.S. Department of Agriculture/Rural Housing Service to eliminate the current interest-rate cap on single-family USDA loans because it has long outlived its usefulness. RHS is reevaluating the interest-rate cap to determine whether it should be modified to allow borrowers who are ineligible for a conventional mortgage to obtain affordable financing for a home purchase, home rehabilitation or a streamline refinance. Lenders, however, argue that the cap is unrealistic under current market conditions. The agency is currently seeking comment on possible changes. Congress authorized RHS in 1990 to establish a maximum interest rate to help spur loan origination in eligible rural areas. The interest-rate cap is pegged to the current Fannie Mae posted yield for 90-day delivery plus 1 percent for 30-year fixed-rate conventional loans, rounded to the nearest quarter of ...