Archives For: Industry Alerts
HUD’s Castro Wants to Restart Debate Over GSE Reform
On November 17, National Mortgage News published an article featuring comments by Housing and Urban Development Secretary Julian Castro on restarting the debate over the future of Fannie Mae and Freddie Mac.
21 Nov 2014
Lawmakers Pressure Agency to ‘Reconsider’ FHLB Membership Changes
On November 19, National Mortgage News published an article discussing the resistance being met by members of Congress and banks towards the Federal Housing Finance Agency ‘s plan to to tighten membership rules for the Federal Home Loan Banks.
21 Nov 2014
Senate Banking Committee Chairman Holds Federal Housing Finance Agency Hearing
On November 19, the U.S. Committee on Banking published a news release featuring Chairman Tim Johnson’s prepared statement at The Federal Housing Finance Agency: Balancing Stability, Growth, and Affordability in the Mortgage Market oversight hearing.
21 Nov 2014
FHFA Statement of Melvin Watt
On November 19, the Federal Housing Finance Agency (FHFA) released the statement of Melvin L. Watt before the U.S. Senate Committee on Banking, Housing and Urban Affairs.
20 Nov 2014
HUD Secretary Says Housing Finance Reform Remains a Top Priority for the Obama Administration
On November 17, The Hill published an article outlining comments by HUD Secretary Julian Castro describing the commitment of the Obama administration to overhaul the mortgage finance system during the next two years.
20 Nov 2014
MHA HAMP Reporting Update October 2014 UP Survey Now Available
On November 17, Making Home Affordable (MHA) released a HAMP Reporting Update, subtitled October 2014 UP Survey Now Available.
20 Nov 2014
Take it to the Bank: How Land Banks Are Strengthening America’s Neighborhoods
The Center for Community Progress has released a national land bank report titled Take it to the Bank: How Land Banks Are Strengthening America’s Neighborhoods.
18 Nov 2014
MA Banks Sue to Overturn Local Foreclosure Laws
On November 14, telegram.com published an article titled Ruling means no change in Worcester foreclosure ordinance.
18 Nov 2014
Bank of America Mortgage Cases go to the Supreme Court
On November 17, HousingWire published an article discussing the decision by the U.S. Supreme Court to hear two cases brought by Bank of America involving underwater mortgages.
18 Nov 2014
Fannie Mae LL-2014-07 Updates to Compensatory Fees
On November 17, Fannie Mae released Lender Letter LL-2014-07, subtitled Updates to Compensatory Fees for Delays in the Liquidation Process, Foreclosure Time Frames and Allowable Foreclosure Attorney Fees.
18 Nov 2014