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Home » Topics » IMFnews » Regulatory

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Ginnie Ready to Unleash 40-Year Pool Types. Re: COVID

June 28, 2021
Maria Volkova
Also, there will be no restrictions on loan size...
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At FSOC, Calabria Takes One Last Swipe at the GSEs

June 28, 2021
Dennis Hollier
After warning the council about the risks posed by government money market funds, Calabria went on to point out that these funds have large exposures to Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
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Decimated: GSE Shareholders (Except Treasury)

June 25, 2021
Paul Muolo
The common and “junior” preferred investors were (more or less) given up for dead in late 2008...
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Biden Nominates Julia Gordon to Lead FHA ... CFPB AD Uejio Tapped for HUD Post

June 25, 2021
Maria Volkova and Lisa Burden
After months of rumors, Julia Gordon was tapped to lead FHA...
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With the Calabria Era Over, Lenders Seek to Overturn Controversial GSE Moves

June 24, 2021
Paul Muolo and Dennis Hollier
Asked whether the administration would acquiesce on the changes, CHLA Director Scott Olson — a former denizen of Capitol Hill — said he’s “somewhere between hopeful and confident.”
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One ‘Final’ Extension on Home Foreclosures from Uncle Sam

June 24, 2021
Maria Volkova
The Department of Housing and Urban Development, VA, and the U.S. Department of Agriculture are expected to reveal additional plans in July, offering new payment reduction options designed to allow more homeowners to stay in their homes.
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SCOTUS: FHFA Director Unconstitutional, Treasury Can Keep the $; Shares Plunge in Value

June 23, 2021
Dennis Hollier
In a mixed decision, the Supreme Court ruled that even though the leadership structure of the FHFA is unconstitutional, the statutory claims of shareholders are invalid for any actions the director took while acting as conservator of the GSEs. Now, a lower court will have to decide if that applies to the Third Amendment and the net worth sweep.
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CFPB Policy Agenda Excludes Move to Define ‘Abusiveness’

June 23, 2021
Lisa Burden
The bureau also had dropped its pursuit of two rulemakings under the Home Mortgage Disclosure Act.
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Subservicers Keep Gaining but Worry About Forbearance

June 21, 2021
Paul Muolo
On the surface, the numbers indicate a steadily growing and profitable niche, but...
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FHA Loosens Requirements for Borrowers with Student Loans

June 21, 2021
The Community Home Lenders Association: “This is a boon to younger families and individuals saddled with student loan debt that want to buy a home.”
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