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A bill that would phase-out Fannie and Freddie is unlikely to pass a full Senate vote.
Housing giants Fannie Mae and Freddie Mac could do an about-face in a renewed effort to nurture the U.S. housing market and better serve consumers seeking mortgage loans. But this time the move appears to offer greater benefits to lenders and borrowers than it does to Fannie's and Freddie's shareholders...
GSE reform passes the Senate Banking Committee Thursday over objections from Sen. Elizabeth Warren.
DETROIT – The CFPB needs strong, insightful and helpful comments from credit unions to help improve its regulations.
FHFA Director Mel Watt said his agency will maintain conforming loan limits and relax underwriting requirements.
GSE conservatorship agreement mandates all profits go to Treasury, not capital coffers.
Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
WASHINGTON — The Senate Banking Committee also delayed mark-up of the Corker-Warner GSE reform bill.
Credit unions and other mortgage lenders have observed slow mortgage demand for some months, but the Federal Housing Finance Agency said prices are on the uptick.