Mortgage News Daily – Fannie/Freddie Changes – Their Future Remains Uncertain

Mortgage News Daily – Fannie/Freddie Changes – Their Future Remains Uncertain

BY: ROB CHRISMAN Fannie/Freddie Changes–Their Future Remains Uncertain (Excerpt) The CHLA released its version of a comprehensive GSE reform plan. “As the Trump Administration begins to wade into this issue, and Congress is starting to do the same, CHLA wanted to weigh in with a detailed set of recommendations. They focus on key … Continue reading

Scotsman Guide 3/30/17 – GSE dividend jump starts debate on reforms

Scotsman Guide 3/30/17 – GSE dividend jump starts debate on reforms

GSE dividend jumpstarts debate on reforms The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will make a total of nearly $10 billion in dividend payments to the U.S. Treasury on schedule this week even as their federal regulator has been under pressure to let the housing-finance giants keep the … Continue reading

Housing Wire 3/23/17 – Community groups, lenders call for Fannie, Freddie to stop paying dividend to Treasury

Housing Wire 3/23/17 – Community groups, lenders call for Fannie, Freddie to stop paying dividend to Treasury

Community groups, lenders call for Fannie, Freddie to stop paying dividend to Treasury Will Trump administration have a different answer? March 23, 2017 Ben Lane Fannie Mae and Freddie Mac are scheduled to send their latest dividend payment to the Department of the Treasury later this month, but if a consortium of community groups and lenders has their way, … Continue reading

Nat’l Mortgage News 3/23/17 – Lenders, Consumer Groups Call for End to GSE Dividend Sweep

Nat’l Mortgage News 3/23/17 – Lenders, Consumer Groups Call for End to GSE Dividend Sweep

Lenders, consumer groups call for end to GSE dividend sweep by Ian McKendry March 23 2017, 5:20 pm WASHINGTON — Small lenders and consumer groups sent a letter Thursday calling on the Treasury Department and the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to build up … Continue reading

Nat’l Mortgage News 3/15/17 – Fannie Rental Securitization Deal Draws Fire from Industry Groups

Nat’l Mortgage News 3/15/17 – Fannie Rental Securitization Deal Draws Fire from Industry Groups

Fannie rental securitization deal draws fire from industry groups Brian Collins March 15 2017, 1:22pm EDT WASHINGTON — Industry groups are raising more concerns about a Fannie Mae financing deal involving the securitization of single-family rental homes, arguing it is too far removed from the government-sponsored enterprise’s mandate. The Community … Continue reading

Scotsman Guide 3/15/17 – Trade Group Questions Fannie’s Blackstone Deal

Scotsman Guide 3/15/17 – Trade Group  Questions Fannie’s Blackstone Deal

Mar 15, 2017   13:00 ET Trade group questions Fannie’s Blackstone deal A non-bank trade association has expressed concerns to a federal regulator about Fannie Mae’s plans to lend the giant private equity firm Blackstone Group $1 billion to refinance thousands of single-family homes. The Community Home Lenders Association (CHLA) is questioning whether it is … Continue reading

Politico 1/20/2017 – Trump blocks Federal Housing Administration plan to cut mortgage fees

Politico 1/20/2017 – Trump blocks Federal Housing Administration plan to cut mortgage fees

Trump blocks Federal Housing Administration plan to cut mortgage fees By LORRAINE WOELLERT 01/20/17 01:29 PM EST Updated 01/20/17 03:25 PM EST The Trump administration has suspended a fee cut on mortgages backed by the Federal Housing Administration. “FHA is committed to ensuring its mortgage insurance program remains viable and effective in … Continue reading

Housing Wire 1/20/2017 – Is Trump’s suspension of FHA mortgage insurance premium cut good or bad?

Housing Wire 1/20/2017 –  Is Trump’s suspension of FHA mortgage insurance premium cut good or bad?

Industry reacts: Is Trump’s suspension of FHA mortgage insurance premium cut good or bad? Suspended indefinitely January 20, 2017 Brena Swanson The Department of Housing and Urban Development’s decision to suspend the reduction of Federal Housing Administration mortgage insurance premiums didn’t come as a shocker. FHA mortgage insurance premiums have been under heightened scrutiny ever since … Continue reading

CHLA Touts Role of Non-Banks in FHA Lending – Response to Moody’s Economist

 Community Home Lenders Association Touts Role of Non-Banks in FHA Lending -  Response to Article by Moody’s Economist   Contact: Scott Olson                                                    For Immediate Release          571-527-2601                                … Continue reading