Time to end Fannie, Freddie Conservatorship (Housing Wire 11/23/15)

Time to end Fannie, Freddie Conservatorship  (Housing Wire 11/23/15)

  It’s far past time to end Fannie, Freddie conservatorship. Here’s how to do it CHLA shares plan for recapitalizing GSEs November 20, 2015 Scott Olson   Fannie Mae and Freddie Mac are back in the news. Administration officials recently said they have no plans to end the GSE Profit Sweep or recapitalize them. And … Continue reading

Scotsman Guide 11/18/15 – Ending GSE’s Conservatorship would Hurt Consumers

Scotsman Guide 11/18/15 – Ending GSE’s Conservatorship would Hurt Consumers

Wed Nov 18, 2015 10:30 PDT Ending GSEs’ conservatorship would hurt consumers, national federation says A national consumer-advocacy federation says the recent calls from affordable-housing advocates and some mortgage-banking associations to recapitalize and release Fannie Mae and Freddie Mac from government control are misguided.   A “recap-and-release” plan without significant … Continue reading

Housing Wire 11/16/15 – CHLA Renews Call to Lower FHA Premiums After Fund Exceeds 2 Percent Net Worth Target

Housing Wire 11/16/15 – CHLA Renews Call to Lower FHA Premiums After Fund Exceeds 2 Percent Net Worth Target

LINK: http://www.housingwire.com/articles/35620-fha-reaches-capital-mandate-and-heres-whats-next EXCERPT:  “In fact, the Community Home Lenders Association did just that on Monday, reiterating a call it made recently for the FHA to cut its premiums back to pre-crisis levels. “The Community Home Lenders Association commends FHA for its strong financial results – and renews its call made last month for a further … Continue reading

Mortgage News Daily 11/05/15 – CHLA Expresses Concerns on Credit Risk Sharing; Cites J P Morgan Chase

Mortgage News Daily 11/05/15 – CHLA Expresses Concerns on Credit Risk Sharing; Cites J P Morgan Chase

  BY: ROB CHRISMAN   House to Vote on G-Fee Measure; What Impac, Stonegate, PennyMac, and PHH Earnings Tell Us   Nov 5 2015, 8:38AM The MBA spread the word that in Congress the House is going to vote today on ending “using g fees to support the highway program” today. “We … Continue reading

Housing Wire 11/05/15 – Community Lenders Push White House to Recapitalize Fannie, Freddie

Housing Wire 11/05/15 – Community Lenders Push White House to Recapitalize Fannie, Freddie

Community lenders push White House to recapitalize Fannie, Freddie Say GSEs’ third quarter results are further evidence that conservatorship must end Ben Lane November 5, 2015 4:01PM In the wake of a weak third quarter that saw Fannie Mae’s net income cut in half and Freddie Mac take a loss for the first time in … Continue reading

Mortgage News Daily 11/03/15 – CHLA Calling on FHA to Lower Premiums; Eliminate Life of Loan Premium Policy

Mortgage News Daily 11/03/15 – CHLA Calling on FHA to Lower Premiums; Eliminate Life of Loan Premium Policy

BY: ROB CHRISMAN FHA News; MERS, BofA, Fifth Third Appraisal Whistleblower Settlements   Nov 3 2015, 7:55AM Are we heading for a “Pearl Harbor” type event in the internet? Possibly, and cyber security is certainly becoming critical. And it just isn’t always simple. (Yes – use the electrical outlet – don’t let … Continue reading