June 19, 2014
Investors Unite for High GSE-Fees
Investors Unite, a “coalition of private investors . . . committed to the preservation of shareholder rights for those invested in” Fannie Mae and Freddie Mac sent a letter to FHFA Director Watt pushing for higher guarantee fees (g-fees). The … Continue reading
June 19, 2014 in Federal Housing Finance Agency | Permalink | No Comments
June 9, 2014
G-Fee Entreaty
The FHFA has issued a Request for Input about Fannie Mae and Freddie Mac Guarantee Fees. The Request both provides a good explanation of g-fees and poses important questions about their appropriate role in the functioning of the housing finance … Continue reading
June 9, 2014 in Federal Housing Finance Agency | Permalink | No Comments
June 6, 2014
Frannie Effects on Mortgage Terms
The Federal Reserve’s Alex Kaufman has posted The Influence of Fannie and Freddie on Mortgage Loan Terms to SSRN. It is behind a paywall on SSRN, but an earlier draft is available elsewhere on the web. The abstract reads, This … Continue reading
June 6, 2014 in Federal Housing Finance Agency | Permalink | No Comments
May 30, 2014
Georgia Court Dismisses TILA and RESPA Claims Brought by Plaintiff
The court in deciding Mitchell v. Deutsche Bank Nat’l Trust Co., 2013 U.S. Dist. (N.D. Ga. Sept. 25, 2013) granted the motion to dismiss proffered by the defendant. The first enumerated cause of action in Plaintiffs’ complaint was a claim … Continue reading
May 30, 2014 in Federal Housing Finance Agency | Permalink | No Comments
May 19, 2014
Foreclosure Review
The US Government Accountability Office issued a report, Foreclosure Review: Regulators Could Strengthen Oversight and Improve Transparency of the Process. GAO did this study because it was asked to examine the amended consent order process relating to foreclosures. This process … Continue reading
May 19, 2014 in Federal Housing Finance Agency | Permalink | No Comments
May 5, 2014
The Second Frannie Bailout: Who Could’ve Known?
There is a good chance that five or so years from now, Fannie and Freddie will be in the midst of another bailout. This next crisis will be directly caused by the Executive and Legislative branches of the federal government. … Continue reading
May 5, 2014 in Federal Housing Finance Agency | Permalink | No Comments
May 1, 2014
Stressing out on Fannie and Freddie
The Federal Housing Finance Agency issued Projections of the Enterprises’ Financial Performance (Stress Tests) (Apr. 30, 2014). This is a pretty technical, but important, document. The Background section provides some needed context: This report provides updated information on possible ranges … Continue reading
May 1, 2014 in Federal Housing Finance Agency | Permalink | No Comments
