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Mortgage Video News

Current Mortgage Video Headlines

Last Updated Thursday, January 12, 2012 04:21 PM Texas Time

Republican Among Potential Choices for FHFA Chief
A boost to the housing market has bi-partisan support, according to a Wall Street investment banking economist. He also noted that it has been suggested a Republican could be Obama's choice to head the Federal Housing Finance Agency.

The chief U.S. fixed-income economist at Morgan Stanley, David Greenlaw, said in a CNBC television interview that cross-party dynamics indicate both sides of the isle believe support for the housing market is needed to overcome the ailing economy.

He said there are a few proposals being considered that could overcome the gridlock in Washington.
watch video

Video interview of Morgan Stanley economist David Greenlaw

CFPB Director: Shadow Banking System Didn't Work
Much of the blame for the financial crisis can be ascribed to financial service providers who were not regulated, according to the new director of the Consumer Financial Protection Bureau.
read story

Video of Richard Cordray discussing non-bank regulation

Congressman Defends Position Opposing Trade Groups
Housing trade groups oppose legislation that does not include a government role in legislation that reforms mortgage lending.
watch video

GSE Executives Defend Compensation
The chief executive officers of Fannie Mae and Freddie Mac testified before Congress about the more than $12 million in bonuses paid to executives at the two government-controlled enterprises.

Video of House Oversight Committee hearing

Congress Agrees to Higher FHA Limits
On the same day that the Department of Housing and Urban Development reported that the Federal Housing Administration has lost almost all of its cash reserves, the House and Senate have agreed to raise the maximum loan limit on FHA loans.

CNBC video interview of Joseph Gyourko on FHA losses

Senate Addressees 30-Year Subsidies
A hearing was held last week on the subsidization of 30-year fixed-rate mortgages.

Video of Senate hearing on 30-year mortgages

Comedy of Error in Foreclosure Case
Comedic reporting from The Daily Show's John Oliver provides a hilarious take on a painful public relations fiasco for Bank of America Corp.

BofA mistake becomes fodder for The Daily Show

Servicer Settlement Could Cost $60 Billion
A potential settlement between state attorneys general and the biggest U.S. mortgage servicers could possibly reach $60 million.

GOP Rips CFPB Chief
On Tuesday, President Barack Obama's choice to head the Consumer Financial Protection Bureau faced House Republicans -- who were sometimes less the cordial.

Video of Elizabeth Warren testimony at House hearing

Protestors Storm Servicing Conference
Protesters who stormed a mortgage servicing conference took control of the stage and demanded $900 million. The event was captured on video.