September 9, 2015
Better to Be a Banker or a Non-Banker?
The Community Home Lenders Association (CHLA) has prepared an interesting chart, Comparison of Consumer and Financial Regulation of Non-bank Mortgage Lenders vs. Banks. The CHLA is a trade association that represents non-bank lenders, so the chart has to be read in … Continue reading
September 9, 2015 in Federal Housing Finance Agency | Permalink | No Comments
September 1, 2015
Credit Risk Transfer Deals
The Federal Housing Finance Agency released an Overview of Fannie Mae and Freddie Mac Credit Risk Transfer Transactions. It opens, In 2012, the Federal Housing Finance Agency (FHFA) initiated a strategic plan to develop a program of credit risk transfer … Continue reading
September 1, 2015 in Federal Housing Finance Agency | Permalink | No Comments
August 26, 2015
Principal-ed Reduction
The Urban Institute’s Housing Finance Policy Center has issued a report, Principal Reduction and the GSEs: The Moment for a Big Impact Has Passed. It opens, The Federal Housing Finance Agency (FHFA) prohibits Fannie Mae and Freddie Mac (the … Continue reading
August 26, 2015 in Federal Housing Finance Agency | Permalink | No Comments
July 2, 2015
The Importance of Understanding G-Fees
The Federal Housing Finance Agency has released Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2014. Ok, ok, this is some really technical stuff. But it gives us a lot of important information about what goes into the cost of … Continue reading
July 2, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 24, 2015
High Risk at Fannie and Freddie
The Federal Housing Finance Agency released its 2014 Report to Congress. It summarizes many interim reports and press releases that were released over the previous year, many of which have been covered by REFinBlog as they came out. I was struck, … Continue reading
June 24, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 15, 2015
Monday’s Adjudication Roundup
The CFPB increased PHH Corp.’s penalty to $109 million from $6.4 million on appeal, while upholding an administrative judge’s ruling that the firm was involved in a mortgage insurance kickback scheme. A class of PHH borrowers have been granted cert … Continue reading
June 15, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 12, 2015
Friday’s Government Reports
Consumer Financial Protection Bureau (CFPB) recently released a report entitled A Closer Look a Reverse Mortgage Advertisements and Consumer Risks which discusses its findings regarding the failure of reverse mortgage ads to mention the considerable risks involved in reverse mortgage loans (while extolling … Continue reading
June 12, 2015 in Federal Housing Finance Agency | Permalink | No Comments
