Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
Complexity, risk, congressional gridlock fingered in failure to reform Freddie, Fannie, FHFA this year.
Bill Hampel, senior vice president and chief economist at CUNA, told Congress Nov. 5 his trade association supports the Corker-Warner bill's general approach to housing finance reform, but he suggested several areas in need of improvement.
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.
Chief economist Bill Hampel testifies on housing finance reform Tuesday before Senate Banking Committee.
House Financial Services Chair Jeb Hensarling touts benefits of Fannie, Freddie phase out.
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.
Legislative machinations over housing finance, expressions of credit union support and some personal touches marked NAFCU's caucus on Tuesday.
NAFCU session on Tuesday features back-and-forth as well as speeches.