The Financial Stability Oversight Council issued its annual report in December where it identified the growth of nonbank mortgage origination and servicing as a risk to the U.S. financial system. But is this really correct?
Tag: Federal Housing Finance Agency
Stanley C. Middleman: Are Non-banks Really a Systemic Risk?
The Financial Stability Oversight Council issued its annual report in December where it identified the growth of nonbank mortgage origination and servicing as a risk to the U.S. financial system. But is this really correct?
Stanley C. Middleman: Are Non-banks Really a Systemic Risk?
The Financial Stability Oversight Council issued its annual report in December where it identified the growth of nonbank mortgage origination and servicing as a risk to the U.S. financial system. But is this really correct?
FHFA: Nearly 4.4 Million Homeowners Helped Since Conservatorship
The Federal Housing Finance Agency released its quarterly Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 26,475 foreclosure prevention actions in the third quarter, bringing the total number of foreclosure prevention actions to 4.38 million since September 2008.
Residential Briefs
First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.
MBA Chart of the Week: Thanksgiving Prices Since 2000
This week’s chart highlights prices of items that households commonly purchase this time of the year. This is based on data from the Consumer Price Index, a main measure of price inflation published by the U.S. Bureau of Labor Statistics.
FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400
The Federal Housing Finance Agency yesterday announced maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020, with the 2020 maximum conforming loan limit for one-unit properties rising to $510,400 from $484,350.
FHFA to Re-Propose Enterprise Capital Rule in 2020
A year after proposing regulations on capital requirements for Fannie Mae and Freddie Mac, the Federal Housing Finance Agency yesterday said it plans to re-propose the entire regulation some time in 2020.
MBA Advocacy Update
Last Friday, MBA President and CEO Bob Broeksmit, CMB, attended a White House meeting chaired by HUD Secretary Ben Carson and attended by other senior administration officials and key industry stakeholders to discuss housing affordability. And on Monday, the Federal Housing Finance Agency announced it is seeking comment on pooling practices for Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Securities market.
MBA Chart of the Week: CPI Inflation–Shelter Costs
Housing affordability challenges–for both buying and renting–continue to be a topic of discussion. According to the Bureau of Labor Statistics, shelter costs continue to outpace the price growth of overall goods and services, as measured by the Consumer Price Index.