The Federal Housing Finance Agency proposed minor revisions to its single-family and multifamily housing goals for 2018 through 2020 to push Fannie Mae and Freddie Mac to continue helping low-income borrowers. The FHFA acknowledged that Fannie and Freddie are challenged when it comes to making credit available for the low-income market. Both government-sponsored enterprises have fallen short of the market in the low-income and very low-income purchase goal almost every year since 2013, the regulator noted. Most of the single-family goals would remain...[Includes one data table]

Kittle’s resume includes a stint on MBA’s board of directors. He also served as chairman of the trade group’s political action committee...

“In a normal [commercial] bank acquisition, senior managers usually get a big payday,” said former FHLBank Chicago President Alex Pollock. “But in this case, if you merge [with another FHLB] you could lose your job.”

In California, the average Fannie/Freddie loan was $311,992 in 1Q17 compared to $307,302 in the first quarter of 2016.

In 2018, the number of data points required to comply with HMDA reporting standards is set to double…

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30…

The rating service said investors should have access to the reviewer’s findings or access to other information that would help determine if a breach should be pursued.

The slow adoption rate suggests the problem is more a management and personnel issue than a technological challenge…

We haven’t see a whole lot of servicing auction notices the past two weeks...

Fitch was on top, although both companies had equal shares at 36.5 percent…