To make sure property markets aren’t creating excessive systemic risk, it’s important for regulators to look at the issue broadly, said FHFA’s Mark Calabria. That’s where an activities-based approach is critical.
The year is young but already MBS and ABS deals are being prepped. Meanwhile, the mortgage market is waiting to see the FHFA’s capital proposal for Fannie and Freddie.
FHFA Director Mark Calabria walked back the idea of using a consent decree as part of the agency’s plan to recap and release Fannie and Freddie from conservatorship.
The appeals court ruled in part for the plaintiffs, saying that the single director structure of the Federal Housing Finance Agency violated the separation of powers principle and thus was unconstitutional.
Cowen says even if Sen. Warren loses the race she will “dominate financial policies headlines in 2020.” The Democratic caucus is set for Feb. 3 in Iowa…