WASHINGTON—Richard Cordray, director of the Consumer Financial Protection Bureau, defended his agency’s qualified mortgage regulations against recent criticism during the Mortgage Bankers Association annual convention here Oct. 28. (See more coverage on page 3.)
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—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.
Trade group sees 32% decline in overall volume next year.
Lenders need to be prepared for continual and often rapid shifts in the economy.
WASHINGTON — Sen. Elizabeth Warren says regs may be needed anew on bundled mortgage-backed securities.
WASHINGTON — Panel of bankers, regulators see no end in sight for 30-year, fixed-rate mortgage.
WASHINGTON — CFPB director tells confab that 95% of current mortgage lending will qualify.
WASHINGTON — Freddie Mac CEO Donald Layton talks housing finance GSEs to mortgage bankers' confab.
It happened. It took a bit longer than expected, but it happened. After 30 years of declining long-term interest rates in the United States, credit union executives may have witnessed the “bounce off the bottom” in the past few months.