Mark Calabria of the FHFA: “But from a risk perspective there are some key differences between banks and non-banks that we need to address in a responsible way. Prudent, sustainable risk management is one of my top priorities.” The regulator did not elaborate much...

In his first report to Congress as director, Mark Calabria describes how new accounting standards, credit-risk transfers and high interest rates cut into profits at the GSEs.

Moody's Chief Economist Mark Zandi proposes alternatives for housing finance reform at an Urban Institute event in Washington.