President Barack Obama laid out his initiative to reform the secondary mortgage market in a speech on Aug. 6 that trash talked Fannie Mae and Freddie Mac and voiced support for a Senate bill that would wind down the government sponsored enterprises and replace them with a mostly privatized system.
President rolls out his own plan to wind down Fannie and Freddie, a plan similar to Corker-Warner proposal in the Senate.
Hampel will appear at first hearing on Senate GSE Reform legislation.
GOP-backed measure would create the "National Mortgage Market Utility" regulated by FHFA.
Commmittee Chair Hensarling reiterates aim to eliminate Fannie Mae, Freddie Mac as government-sponsored enterprises.
An executive whose previous firm advised homeowners looking to walk away from their mortgages says credit unions and other financial institutions should consider many of those same homeowners as potential new mortgage borrowers.
Founder of YouWalkAway.com says 100-point hit in credit score expectable but can be overcome by long positive payment histories.
Healthcare facilities and lenders have formed the Coalition for Healthcare Finance and CHFPAC to support federal programs that enhance capital access.
Political commentator from Fox, CNN to highlight annual confab in Washington in September.