The Federal Housing Finance Agency today proposed to amend its regulation restricting Fannie Mae, Freddie Mac and the Federal Home Loan Banks from purchasing, investing in, accepting as collateral, or otherwise dealing in mortgages on properties encumbered by certain types of private transfer fee covenants, or PTFCs, and in related securities, subject to certain exceptions. The proposed rule would establish an additional exception to the restrictions for loans on properties with PTFCs, and related securities, if the loans meet certain shared equity loan program requirements for resale restriction programs in FHFA’s Duty to Serve Underserved Markets Regulation.
Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement
The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of a settlement with 34 state financial regulatory authorities over alleged Bank Secrecy Act and anti-money laundering violations, according...









