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Home » Authors » Charles Wisniowski

Articles by Charles Wisniowski

Judge Dismisses Suit Against S&P Over Fannie Mae Stock Rating

July 8, 2013
Charles Wisniowski
The suit was filed in December 2012 on behalf of hundreds of thousands of investors who bought stock in an offering by Fannie in May 2008, four months before the GSE was taken over by the government.
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FHFA IG Steve Linick May be Departing for State Department Post

July 1, 2013
Charles Wisniowski
A former federal prosecutor, Linick is credited with creating the agency’s Office of Inspector General from the ground up.
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Rep. Mel Watt Promises an ‘Open and Transparent’ FHFA If Confirmed

June 27, 2013
Charles Wisniowski
Rep. Watt’s slightly more than two-pages of prepared testimony was long on biographical detail but lacking on mortgage-finance specifics.
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Short Takes: Origination Profits Tumble 21 Percent / Former Senate Staffer on Corker-Warner: Are They Sniffing Glue? / Lender Pulls Out of New Jersey Because of Fraud? / White House GSE Petition Running out of Time

June 26, 2013
Paul Muolo and Charles Wisniowski
Are huge origination profits a thing of the past? Meanwhile, time is running out on the White House GSE petition.
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Freddie Mac Will Kill ‘Low-Activity Fee’ But Will Keep Some Threshold

June 21, 2013
Paul Muolo and Charles Wisniowski
Freddie Mac's "low activity fee" will be mostly eliminated. However, it will still apply to originators that have not sold a loan to the GSE in 36 months.
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Rep. Watt FHFA Confirmation Hearing Set for June 27? Banking Committee Mum

June 20, 2013
Charles Wisniowski
There is still no official word on when the Senate Banking Committee will take up the nomination of Rep. Mel Watt to head the Federal Housing Finance Agency.
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Fannie, Freddie, FHFA Would Cease to Exist Under “Pragmatic” Reform Plan

June 19, 2013
Charles Wisniowski
Yet another plan to reshape the mortgage market has been published, this one from noted housing economist Mark Zandi, and Ellen Seidman, once the nation's top S&L regulator.
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Compensation for FHLBank Directors Varies Widely

June 17, 2013
Charles Wisniowski
Compensation for directors at each of the 12 Federal Home Loan Banks increased in 2012, continuing a trend begun in 2011 where a director’s earnings “started to show a wide range across the FHLBanks for similar positions,” according to the Federal Housing Finance Agency.
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National Mortgage Database Builders: Borrower, Lender Privacy Paramount

June 14, 2013
Charles Wisniowski
The linchpin for a viable and comprehensive National Mortgage Database is to ensure that the identities of both mortgage borrowers and mortgage servicers from whom the statistical information is collected for analysis are protected behind a firm wall of security countermeasures, according to project architects.
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Short Takes: Blatant Housing Discrimination Falls/ Housing Growth Boosts Economy, says Fannie Economist/ GSE Shareholder Petition Drive Losing Steam/GOP Subcommittee Chair Plans CFPB Budget Hearing

June 14, 2013
George Brooks, Thomas Ressler, and Charles Wisniowski
Overt acts of housing discrimination may have declined significantly but subtle forms of racial bias continue against minority home purchasers or renters nationwide, according to a new study released by the Department of Housing and Urban Development and the Urban Institute.
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