Keating Discusses Shelby Bill on Fox Business
ABA President and CEO Frank Keating welcomed Richard Shelby’s regulatory reform bill as a “wonderful first step” during an interview...
Mortgage
GSEs Issue New Seller, Servicer Eligibility Requirements
At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac yesterday announced new standards that mortgage...
OCC Examines Financing Small Multifamily Rentals
The OCC’s Community Developments Insights newsletter published today focuses on how banks can support the market for small multifamily rental...
N.Y. State Envisions Penalties for Foreclosure Delays
Noting that the average New York state foreclosure takes more than 900 days—twice the national average—and that foreclosures account for...
FHFA Provides Update on Single Security for Housing GSEs
The Federal Housing Finance Agency on Friday issued an update on the development of the Single Security, a mortgage-backed security...
ABA Banker: Rushing TILA-RESPA Integration Poses Risks to Customers
The rush to implement the TILA-RESPA integrated mortgage disclosures on Aug. 1 poses risks to customers, Cindy Lowman told a...
ABA Survey: TILA-RESPA Compliance Systems Not Ready
Mortgage bankers preparing for the implementation of the TILA-RESPA integrated disclosures are uncertain that they and their vendors will be...
FHFA to Revisit Affordable Housing Goals for FHLBs
After hearing from Federal Home Loan Banks that uncertainty about affordable housing goals is limiting their mortgage purchases from member...
Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide...
