A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
FHFA inspector general audit recommendations include eliminating automatic overrides in system.
Civil rights group seeks agency's justification in light of Richmond, Calif.,
Now MI policies will have to include loan modification strategies, agency says.
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.
Senate Majority Leader Harry Reid (D-Nev.) moves to invoke cloture on nomination for Rep. Mel Watt (D-N.C.)
WASHINGTON — FHFA's Edward DeMarco says agency will give market time to react.
Housing regulator reported to be seeking $6 billion from BoA to settle claims over bad bonds.