A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
The complexity of reforming the secondary mortgage market, combined with its risk and Congress' inability to compromise, are the three reasons industry lobbyists and housing experts don't expect its completion in 2014.
Complexity, risk, congressional gridlock fingered in failure to reform Freddie, Fannie, FHFA this year.
FHFA inspector general audit recommendations include eliminating automatic overrides in system.
New FHFA director says CFPB's new QM rule could significantly impact mortgage credit availability.
Protection of the credit union tax exemption tops the list, followed by secondary mortgage market reform.
One credit union cuts rates to compete, another explains why not.
WASHINGTON—Freddie Mac CEO Donald Layton urged housing finance executives Oct. 28 to focus less on the fate of his company and Fannie Mae and more on the lending infrastructure the two have marshaled.
WASHINGTON — Freddie Mac CEO Donald Layton talks housing finance GSEs to mortgage bankers' confab.
Fannie Mae, Freddie Mac, FHFA rent space, announce search is on for CEO for new organization: Common Securitization Solutions LLC.