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16 Aug 2012, 9:57 am
TIM plans to wear the hat of landlord for the next five years, and it will part of the Federal Housing Finance Agency's new scheme that helps investors like TIM buy up big bunches of REO properties for just this sort of thing. [read post]
15 Aug 2012, 8:30 pm
But the city of Detroit’s finances are worse than ever. [read post]
15 Aug 2012, 11:51 am
Federal Housing Finance Agency ruled that the FHFA was not acting as a conservator, but instead as a regulator that had improperly exercised substantive regulatory oversight in stopping PACE programs. [read post]
14 Aug 2012, 6:00 am
The Federal Housing Finance Agency said it had concluded after months of study that up to half a million homeowners could benefit from such a program, and that taxpayers might save $1 billion because aid recipients would be more likely to continue making mortgage payments. [read post]
12 Aug 2012, 7:46 pm
Linick, the Federal Housing Finance Agency’s inspector general. [read post]
9 Aug 2012, 5:55 pm
Federal District Court Judge Claudia Wilken ruled today that the Federal Housing Finance Authority (FHFA) violated the Administrative Procedure Act’s (APA) notice-and-comment requirement when it issued a decision to stop underwriting mortgages on properties with PACE financing. [read post]
9 Aug 2012, 10:46 am
This week, the news is that the Federal Housing Finance Agency ("FHFA") has posted a Notice in the Federal Register seeking input on the plan. [read post]
9 Aug 2012, 10:46 am
This week, the news is that the Federal Housing Finance Agency ("FHFA") has posted a Notice in the Federal Register seeking input on the plan. [read post]
9 Aug 2012, 9:56 am
Federal Housing Financial Agency Press Release (Aug, 8, 2012) [read post]
9 Aug 2012, 6:57 am
While the House has passed H.R. 5972, the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, and H.R. 5325, the Energy and Water Development and Related Agencies Appropriations Act, the Senate has yet to vote on the equivalents. [read post]
9 Aug 2012, 6:57 am
While the House has passed H.R. 5972, the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, and H.R. 5325, the Energy and Water Development and Related Agencies Appropriations Act, the Senate has yet to vote on the equivalents. [read post]
8 Aug 2012, 9:30 pm
The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, reported to Congress last week that the agency will not institute a debt forgiveness program despite requests from top Obama Administration officials. [read post]
5 Aug 2012, 10:41 pm
Testimony focused on whether and how the Consumer Finance Protection Bureau (CFPB, an independent office of the Federal Reserve System) complies with requirements that it consider less burdensome alternatives when a rule will have a significant economic impact on a substantial number of small businesses. [read post]
5 Aug 2012, 10:41 pm
Testimony focused on whether and how the Consumer Finance Protection Bureau (CFPB, an independent office of the Federal Reserve System) complies with requirements that it consider less burdensome alternatives when a rule will have a significant economic impact on a substantial number of small businesses. [read post]
2 Aug 2012, 9:30 pm
Senate to move the legislation forward.The Federal Housing Finance Agency (FHFA) said that it was rejecting arguments made by the Obama administration and members of Congress to authorize Fannie Mae and Freddie Mac to offer debt forgiveness to struggling borrowers.Cass Sunstein, the head of the Obama Administration's Office of Information and Regulatory Affairs, announces that he will be stepping down and returning to his academic position at Harvard. [read post]
2 Aug 2012, 2:31 am
In Germany, the numbers for federal elections are around 80%. [read post]
1 Aug 2012, 4:59 am
The Obama Administration wanted the Federal Housing Finance Agency (FHFA) to offer consumers whose mortgage debt exceeded the value of their homes reductions on mortgage principal. [read post]
31 Jul 2012, 9:30 pm
” The general counsel for the Federal Housing Finance Agency, the overseer of Fannie Mae and Freddie Mac, warned that the law would lead to longer foreclosure process delays and increase legal risks for lenders which “ultimately creates harm for all homeowners. [read post]
30 Jul 2012, 8:12 am
On July 17, Judge Denise Cote of the United States District Court for the Southern District of New York ruled that the Federal Housing Finance Agency (“FHFA”) can pursue certain RMBS-related claims against affiliates of Residential Capital LLC (“ResCap”). [read post]
28 Jul 2012, 7:40 am
The law also mandates that federal banking regulators, the Federal Housing Finance Agency and the Consumer Financial Protection Bureau create minimum standards for states to apply in registering AMCs. [read post]
