The Federal Housing Finance Board is reportedly back in action after a long hiatus, leading to speculation that the Trump administration could be working on taking its next steps forward in contemplating government-sponsored enterprise reform. The heads of Fannie Mae and Freddie Mac’s conservator and regulator, Securities and Exchange Commission, Department of Housing and Urban […]
GSE overhaul talk revives as key players meet Read More »
The American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures that brought flexibility to servicers. While stating its support to the easing of some regulations proposed since the beginning of the second Trump term, the ABA urged the bureau to retain
CFPB servicing rule change raises alarm for bankers Read More »
Not only does the full panel of economists surveyed by Wolters Kluwer feel the Federal Open Market Committee will not cut short-term rates at its meeting today and tomorrow, less than 10% expect it to act in July. The Blue Chip Economic Indicators report also soundly discounts Pres. Trump’s call for the Fed Funds Rate
No Fed rate cut until September at earliest, economists say Read More »