Fannie Mae and Freddie Mac's share of purchase-mortgage originations has increased each of the last two years, according to a new analysis by Inside Mortgage Trends.
An Obama administration official stressed that the White House is working to craft a comprehensive plan for housing finance reform but wants input from industry participants.tasked with crafting a plan to reform the government-sponsored enterprises provided a strong response yesterday to criticism of the White Houses lack of progress on GSE reform.
The FDIC approved a final rule this week that will set new appraisal requirements for nonprime mortgages. Its the third rule from federal regulators in the past six days aimed at subprime mortgages, largely prompted by the Dodd-Frank Act