FHFA

• GSE Change Seen Minimal for Credit Union Mortgage Lenders

  By David Morrison  |  May 7, 2013

  Not much impact seen from Fannie Mae, Freddie Mac decision to buy only qualified mortgages after Jan. 10, 2014.

• Fannie and Freddie to Reject Non-QM Mortgages Starting January 2014

  By Heather Anderson  |  May 6, 2013

  FHFA said the GSEs will generally not buy loans that don't meet the CFPB's new "ability to repay rule."

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  Rep. Mel Watt’s Long Odds Involve More Than Just Principal Forgiveness

  By Heather Anderson  |  May 2, 2013

  North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.

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  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• More HARP: FHFA Gives Nod to Loan Mods Through 2015

  By David Morrison  |  April 11, 2013

  Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.

• New Modification Program Will Be Required by FHFA

  By Heather Anderson  |  March 28, 2013

  Borrowers relieved of requirement to document hardship or financial situation.

• FHFA Foreclosure Report Shows Best Numbers Since 2008

  By Heather Anderson  |  March 27, 2013

  Foreclosure figures released in a report Wednesday from the Federal Housing Finance Agency indicates the housing market is on the road to recovery.

• N.C. Rep. Watt Fuels FHFA Appointment Speculation

  By Heather Anderson  |  March 27, 2013

  During the March 19 House Financial Services hearing on the conservatorships of Fannie Mae and Freddie Mac, Rep. Mel Watt (D-N.C.) yielded back the majority of his allotted time due to “media speculation over the weekend.”

• Budget Amendment Would Stop the Funneling of G-Fees to Deficit

  By Heather Anderson  |  March 25, 2013

  NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.

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  Housing Collapse, GSEs Dominate House Financial Services April Agenda

  By Heather Anderson  |  March 22, 2013

  Commmittee Chair Hensarling reiterates aim to eliminate Fannie Mae, Freddie Mac as government-sponsored enterprises.