LAS VEGAS–Two of the hottest topics in mortgage banking currently are the respective futures of the GSEs and credit scoring. With that in mind, a panel of industry leaders took the stage at the Mortgage Bankers Association’s Annual Convention and Expo to share their thoughts.
Tag: GSEs
Bill Pulte on What’s Next for Federal Housing, Conservatorship and Transparency
NEW YORK–“I think federal housing has been underrepresented,” said Federal Housing Finance Agency Director Bill Pulte. “I think this room has been underrepresented historically at the federal level.”
Panelists Outline Challenges to Releasing GSEs, Possibility of Guarantee
NEW YORK–“In any market system where you have some lack of clarity, there’s a price to that,” said Scott Ulm, CEO and Vice Chairman of ARMOUR Residential Reit Inc. “Undoubtedly, the more ambiguity you put into it, the higher the price gets.”
MBA Applauds Efforts to Improve Loan Repurchase Requests; Calls for Better Alignment at the GSEs
MBA President and CEO Bob Broeksmit, CMB, issued a statement regarding recent moves by Fannie Mae and Freddie Mac to address loan repurchase requests.
FHFA: GSEs Completed 47,370 Foreclosure Prevention Actions During Second Quarter
Fannie Mae and Freddie Mac completed 47,370 foreclosure prevention actions during the second quarter, raising the total number of homeowners helped to 6.8 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.