Tag: Bill Killmer

On Jan. 28, the Senate Banking Committee conducted a hearing on the nomination of Rep. Marcia Fudge (D-OH) to serve as the next HUD Secretary. Also last week, Senz. Ben Cardin (D-MD) and Rob Portman (R-OH) introduced S. 98, the Neighborhood Homes Investment Act, a bill that would create a new federal tax credit to fuel development in underserved rural and urban communities across the country.

On Wednesday, HUD issued a waiver allowing FHA to insure loans to borrowers with residency under the DACA program. And on Tuesday, FHFA issued an RFI on risks posed by climate change and natural disasters to Fannie Mae, Freddie Mac, the Federal Home Loan Banks and the broader housing finance system.

On Wednesday, HUD issued a waiver allowing FHA to insure loans to borrowers with residency under the DACA program. And on Tuesday, FHFA issued an RFI on risks posed by climate change and natural disasters to Fannie Mae, Freddie Mac, the Federal Home Loan Banks and the broader housing finance system.

With congressional majorities now settled and the Biden-Harris Inauguration Day looming, on Thursday the Treasury Department and the Federal Housing Finance Agency released an amendment to the Preferred Stock Purchase Agreements governing the conservatorships of Fannie Mae and Freddie Mac. Importantly, the revisions do not call for the premature release of the GSEs from conservatorship, heeding the concerns MBA had raised in recent weeks about potential market disruptions from a rushed exit.

With congressional majorities now settled and the Biden-Harris Inauguration Day looming, on Thursday the Treasury Department and the Federal Housing Finance Agency released an amendment to the Preferred Stock Purchase Agreements governing the conservatorships of Fannie Mae and Freddie Mac. Importantly, the revisions do not call for the premature release of the GSEs from conservatorship, heeding the concerns MBA had raised in recent weeks about potential market disruptions from a rushed exit.

On Tuesday, the Federal Housing Finance Agency released the final 2021 Underserved Markets Plans for the GSEs under the Duty to Serve program. On Monday, MBA submitted comments in support of a proposed rule on supervisory guidance issued by a group of federal financial regulators.

On Tuesday, the Federal Housing Finance Agency released the final 2021 Underserved Markets Plans for the GSEs under the Duty to Serve program. On Monday, MBA submitted comments in support of a proposed rule on supervisory guidance issued by a group of federal financial regulators.