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Biden nominates president for Ginnie Mae, FHFA proposes capital rule changes and more news of the week

National Mortgage
Mortgage Finance
4 years ago

Also: Sen. Warren and Wells Fargo spar, FHFA suspends Trump-era GSE restrictions and more.,.. Read More;

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Waters urges Biden to nominate FHFA's Thompson as agency's director

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — House Financial Services Committee Chair Maxine Waters is calling on President Biden to name acting Federal Housing Finance,.. Read More;

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FHFAs proposed affordable housing goal is too low

National Mortgage
Mortgage Finance
4 years ago

On August 25 the Federal Housing Finance Agency published a proposed rule establishing affordable housing goals for Fannie Mae and,.. Read More;

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Item No. 1 on CFPB's packed agenda: Get a director

National Mortgage
Mortgage Finance
4 years ago

A packed regulatory agenda awaits Rohit Chopra — the Biden administration's choice to lead the Consumer Financial Protection Bureau —,.. Read More;

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HUD to offer nonprofits first look at 50% of vacant property note sale

National Mortgage
Mortgage Finance
4 years ago

The Department of Urban Development dramatically increased the share of mortgage notes it plans to give community organizations first crack,.. Read More;

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Home sales dropped for the first time in 15 months in August

National Mortgage
Mortgage Finance
4 years ago

August’s housing market followed the indicators that pointed toward a cooling off.After bidding wars hit a six-month low in July,,.. Read More;

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Mortgage rates show little movement as investors remain cautious

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates remained relatively flat, consistent with their late-summer trend, as latest monthly inflation data did little to move the,.. Read More;

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FHA to make appraisal deliveries through its new technology mandatory

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Administration on Wednesday set a date by which all electronic appraisals must be delivered through FHA Catalyst,,.. Read More;

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Construction fraud gets New York man up to 7 years in prison

National Mortgage
Mortgage Finance
4 years ago

After leaving buyers without the new homes he promised, Shawn VanVeghten’s sentencing for two felony counts was announced by the,.. Read More;

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Frost Bank returning to mortgage lending through tech partnership

National Mortgage
Mortgage Finance
4 years ago

Frost Bank is getting back into the mortgage business after about a two-decade hiatus, the San Antonio company announced Thursday.The,.. Read More;

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Black Knight launches mortgage broker LOS

National Mortgage
Mortgage Finance
4 years ago

Black Knight took another step toward covering every inch of the lending industry, with the release of its mortgage broker,.. Read More;

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FHFA proposes modification of capital rules for Fannie and Freddie

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Federal Housing Finance Agency is proposing to revise the post-conservatorship capital framework for Fannie Mae and Freddie,.. Read More;

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