Key insight: Former Federal Reserve Vice Chair for Supervision Randal Quarles said in a speech Friday that members of the Fed board should serve at the pleasure of the president, but added that keeping regional Fed bank presidents on the Federal Open Market Committee and ensuring their appointments are not influenced by the White House […]
Former Fed official argues against Fed independence Read More »
A specific area where the outside the box possibilities of nonconforming mortgages can help the market is in a profession aimed offering like for those who work in the medical field. Processing Content Kroll Bond Rating Agency recently came out with a report, “What’s up Doc — Medical Professional Mortgages, a New Niche in RMBS?”
Non-banks see opportunity in physician mortgage niche Read More »
The Independent Community Bankers of America have seen some promising developments in federal mortgage proposals but they have concerns about some plans for policy too. Processing Content From recent congressional bills to government-sponsored enterprise reform and capital rules, ICBA Senior Vice President Ron Haynie shared thoughts on which pending policies could benefit or challenge members,
ICBA outlines wins, concerns in housing policy push Read More »