Browsing: Mortgage
How to Prepare for a Lapse in the NFIP
The National Flood Insurance Program is set to lapse on May 31. Here’s what bankers can do to prepare.
FHFA Announces New Loan Limits for 2019
The Federal Housing Finance Agency today said that it will raise the maximum conforming loan limits for mortgages Fannie Mae and Freddie Mac purchase in 2019 from $453,100 to $484,350.
Agencies Propose Raising Residential Real Estate Appraisal Threshold to $400K
The financial regulatory agencies today issued a proposal that would raise the appraisal threshold for residential real estate transactions from $250,000 to $400,000.
FHFA Finalizes Changes to FHLB Affordable Housing Program
The Federal Housing Finance Agency today finalized a proposal making changes to the Federal Home Loan Bank Affordable Housing Program
ABA Offers Feedback on FHFA’S GSE Capital Proposal
In a comment letter to the Federal Housing Finance Agency on Friday, the American Bankers Association offered feedback on a proposal that would create a new framework for risk-based capital requirements for Fannie Mae and Freddie Mac to ensure that the GSEs could cover losses and continue operations in the event of stress.
HUD Report: Mutual Mortgage Insurance Fund Exceeded Statutory Capital Ratio in 2018
The Federal Housing Administration’s Mutual Mortgage Insurance Fund reached a capital ratio of 2.76 percent, exceeding its minimum statutory requirement of 2 percent, according to the FHA’s 2018 annual report to Congress.
Podcast: Giving Thanks for Banks’ Community Commitment
The latest episode of the ABA Banking Journal Podcast features interviews with the winners of ABA’s 2018 Community Commitment Awards.
Easing Continues on Business, Residential Mortgage Loans Amid Softer Demand
In the previous quarter, banks eased terms and standards for business loans, while tightening slightly on commercial real estate loans and easing in most residential mortgage loan categories, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
FHFA On Track with Second Phase of ‘Single Security’ Implementation Effort
The Federal Housing Finance Agency today issued an update on the common securitization platform it is developing to issue the Single Security, a mortgage-backed security to be issued by both Fannie Mae and Freddie Mac.