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Mortgage Politics and Legislation

Last Updated January 17, 2017 10:49 AM Central



Acting President Named at Ginnie
The president of the Government National Mortgage Association will depart with the outgoing administration, and an acting replacement has been named.

Senate Hearing Held for Carson as HUD Secretary
President-elect Donald J. Trump's choice to the head of the Department of Housing and Urban Development testified before senators Thursday.

Treasury Nominee Reports Holdings, Divestiture Plan
President-elect Donald J. Trump's nominee to head the Treasury Department revealed a divestiture plan that includes the firm that acquired OneWest Bank.

Senators Want Trump's Swift Firing of CFPB Chief
Two Republican senators are calling on President-elect Donald J. Trump to quickly tell the director of the Consumer Financial Protection Bureau 'you're fired' after taking the oath of office.

HAMP Tab Reaches $23 Billion
Government funds used to pay for the Home Affordable Modification Program have reached nearly $23 billion as the program neared its sunset.

M.I. Premium Deduction Expires
The ability to write off mortgage insurance premiums has expired, though it is possible that lawmakers could extend the M.I. deduction.

Former HUD Secretary Calls Carson Strong Fit
While advocates for low-income and public-housing residents are alarmed at the prospective head of the Department of Housing and Urban Development, one former HUD secretary is not.

Dems Scrutinizing Former OneWest Chief's Record
Senate Democrats are scrutinizing the likely new Treasury secretary's record on foreclosures while he was chief of OneWest Bank Group LLC.

Trump Makes Carson HUD Secretary Choice Official
The president-elect has made official his choice to run the Department of Housing and Urban Development. Unlike some of his recent predecessors, the pick has no housing experience.

House Passes Bill to Peel Back Dodd-Frank Provision
On Thursday, the House of Representatives voted to pass legislation that would raise the threshold for banks that are considered to be too big to fail.


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Democrats Berate Fannie, Freddie Regulator
In an video that was apparently motivated by politics, Democratic congressmen and congresswomen are chronicled berating the former director of Fannie Mae's and Freddie Mac's regulator.
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