ABA Supports Changes to Eligibility Requirements for Single Family MBS Issuers
The American Bankers Association today wrote to Ginnie Mae in response to a recent request for input on eligibility requirements...
Mortgage
HUD Seeks Input on Libor Transition for ARMs
With certain tenors of Libor set to cease publication in December—and with the majority of adjustable rate mortgages insured by...
ABA Urges FDIC to Modify Proposed Deposit Insurance Rules for Trust, Mortgage Servicing Accounts
The American Bankers Association and two other banking trade groups urged the FDIC yesterday to address concerns about proposed changes...
The Increasingly Hot Topic of Climate Change: What Compliance Officers Need to Know
Climate change is a big issue, but compliance officers are adept at issue management. Start with root cause analysis.
OCC: Mortgage Performance Improves in Second Quarter
The share of current and performing first-lien mortgages in the second quarter of 2021 was 95%, up from 91.1% a...
Freddie Mac Clarifies Group Home Mortgage Purchase Policies
Following misunderstanding about Freddie Mac's rules for purchasing mortgages secured by group homes, the Department of Housing and Urban Development...
Helping Home Buyers Navigate a Hot Housing Market
The frothy housing market can create challenges for borrowers and lenders. Bankers can help by alerting borrowers up-front to the...
FHFA Proposes Changes to Regulatory Capital Framework for Fannie, Freddie
The Federal Housing Finance Agency proposed changes to the prescribed leverage buffer amount and the capital treatment of risk transfers...
FHFA, Treasury Suspend PSPA Changes
The Federal Housing Finance Agency and the Treasury Department today announced the suspension of changes to the preferred stock purchase...
Avoiding Fraudulent Transfer Claims from Loan Workouts
Here are five actions banks can take to stay out of trouble.
