Florida Biggest Beneficiary of Flood Premium Delay
Members of the House were able to overcome hard-line Republicans to pass legislation that would soften the blow of a surge in flood insurance premiums. More properties are impacted in Florida than any other state.
No Appropriations Expected for FHA in FY 2015
Based on the expected capital reserve balance at the Federal Housing Administration, President Obama's budget projects that no mandatory appropriations will be required for the agency.
Gov Guaranties Have No Place in Mortgage Lending
While many see government guarantees in mortgage lending as essential to home ownership, an opinion piece from a conservative think tank suggests there has been little benefit from affordable housing efforts up to this point.
Big Servicing Conference Next Week
While mortgage servicing is the topic many conference goers will be discussing next week, other topics will be up for discussion at subsequent events.
Former TARP Chief Running for Governor
A former Goldman Sachs executive who oversaw the federal government's massive bank bailout fund is hoping to be elected chief executive of the Golden State.
Henry Paulson Worries About Another Crisis
The former secretary of the Department of the Treasury who presided over the 2008 financial crisis is worried that conditions are ripe for another such event.
Treasury Official Discusses Mortgage Market Reform
|Cordray Spars With GOP
The head of the Consumer Financial Protection Bureau made his way to Capitol Hill this week to deliver his semiannual report to lawmakers.
A Treasury Department official warned attendees at an asset-backed securities conference about allowing Fannie Mae and Freddie Mac to remain in their current form. He also expressed his opinion about expanding the Home Affordable Refinance Program.
Mortgage President Accuses NH Officials of Corruption
The president of one of the largest mortgage firms in New Hampshire is using valuable marketing space to accuse state officials of being corrupt. But it's not clear whether prior actions against his company are motivating the attacks.
Quicken Opting Out of Non-QM Lending
The chief executive officer of Quicken Loans Inc. said the lender has no plans to make loans that aren't designated as Qualified Mortgages.