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

CHLA Implementation Plan for GSE Reform – 3/29/17

[March 29, 2017] CHLA GSE REFORM PLAN   MAJOR CHLA OBJECTIVES FOR GSE REFORM • Preserve 30-year affordable mortgage with broad consumer access to mortgage credit. A federal guarantee of qualified mortgage backed securities (MBS) is needed to access sufficient investors to ensure affordable mortgages for all qualified borrowers, with … 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

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 March 15, 2017 Hon. Mel Watt Director Federal Housing Finance Agency 400 7th Street SW Washington DC 20024 Dear Director Watt: The Community Home Lenders Association (CHLA) writes to express our concerns about reports that Fannie Mae is providing $1 … Continue reading