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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]
27 Jul 2012, 2:47 pm
This section also reviews federal efforts to alter mortgage servicing standards and recommends that federal agencies finalize comprehensive servicing standards. [read post]
27 Jul 2012, 12:00 pm
While NYCHA deserves some credit for its dedication to providing affordable housing, I have serious questions about its management, finances, and ability to deliver services. [read post]
26 Jul 2012, 9:25 pm
If you are interested in environmental policy, state public utility commissions might be the important agencies you’ve never heard of. [read post]
26 Jul 2012, 6:05 am
Notwithstanding any credit rating agency action, my analysis of the City’s finances should be included in any offering document distributed to investors in any future borrowing. [read post]
25 Jul 2012, 9:30 pm
HEMAP had been administered by the Pennsylvania Housing Finance Agency (PHFA) since 1983 and had assisted as many as 47,000 homeowners to stave off foreclosure by providing timely loans to aid with temporary income shortfalls. [read post]
24 Jul 2012, 10:43 pm
Many banks are reportedly looking to hire new ad agencies in response to their reputational losses, and no doubt there are plenty of consultants saying that it’s not too late for banks to regain what’s been lost. [read post]
24 Jul 2012, 7:46 pm
With the recent release of the Federal Housing Finance Agency’s Proposed Rule on enterprise underwriting standards and mortgage assets affected by PACE programs, some residential PACE supporters may be reasonably fatigued. [read post]
24 Jul 2012, 11:17 am
Agencies have found implementation of cloud solutions to be difficult due to federal security requirements and certifying vendors. [read post]
