WASHINGTON—A panel of three housing finance executives and one regulator expressed strong confidence the 30-year, fixed rate mortgage will remain a key element of the U.S. housing finance market.
WASHINGTON — Panel of bankers, regulators see no end in sight for 30-year, fixed-rate mortgage.
The U.S. housing finance market may be poised for a historic shift away from a long trend of primarily refinancing existing real estate loans to primarily funding new real estate purchases.
Senate gets measure Tuesday that would shut down Fannie Mae, Freddie Mac and FHFA within five years and create new corporation similar to FDIC.
House Financial Services hearing features partisan back-and-forth over Fannie and Freddie.
Agency promotes from within and brings in FDIC veteran.
Texas Republican called CFPB, Dodd-Frank "legislative drive-by shooting" at NAFCU Congressional Caucus earlier this year.
Four out of the five states where the Federal Housing Finance Agency is considering an increase in mortgage guarantee fees do not have healthy housing markets.
Executives from different parts of the credit union industry are hard at work to build credit unions’ share of the U.S. mortgage market even higher than the record 8% that credit union’s achieved in the first quarter of this year.
Callahan challenges industry to grow already-record 8% share to 20% by 2020; CUSO Mortgage Liquidity Solutions working on how.