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July 5, 2017

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GSE Reform: Don’t Forget the Federal Home Loan Bank System

“In a normal [commercial] bank acquisition, senior managers usually get a big payday,” said former FHLBank Chicago President Alex Pollock. “But in this case, if you merge [with another FHLB] you could lose your job.” Read More

California Remains as the Top GSE Market; An 18.6 Percent Gain Compared to…

In California, the average Fannie/Freddie loan was $311,992 in 1Q17 compared to $307,302 in the first quarter of 2016. Read More

CSBS Calls for Community Bank Relief from HMDA Requirements

In 2018, the number of data points required to comply with HMDA reporting standards is set to double… Read More

PHH Completes Fannie Mae MSR Sale; Human Resources Chief Steps Down

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30… Read More

Fitch Updates Residential MBS Criteria on Bondholder Communication

The rating service said investors should have access to the reviewer’s findings or access to other information that would help determine if a breach should be pursued. Read More

Short Takes: Dave Kittle, Ginnie Mae President? / A Seat at the GSE Reform Table / A Deep Resume / SFR Deal / FHFA Proposes Rule

Kittle’s resume includes a stint on MBA’s board of directors. He also served as chairman of the trade group’s political action committee... Read More

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