ABA Prevails on Asset Test for FHLB Membership
The Federal Housing Finance Agency today issued its final rule changing eligibility for membership in the Federal Home Loan Bank system.
The Federal Housing Finance Agency today issued its final rule changing eligibility for membership in the Federal Home Loan Bank system.
The Consumer Financial Protection Bureau has requested feedback on its guidelines for when financial institutions must resubmit erroneous Home Mortgage Disclosure Act data.
The federal banking agencies today issued a statement warning about eased commercial real estate loan underwriting and CRE risk management practices that cause “concern.”
The Federal Housing Finance Agency today issued the metrics on which it will assess the 2016 performance of Fannie Mae, Freddie Mac and their jointly owned securitization platform, which is expected to be implemented for Freddie Mac’s securities in 2016 and for the “Single Security” issued by both GSEs in 2018.
ABA’s Rob Nichols this morning expressed the disappointment and frustration of the banking industry that Congress failed to include meaningful regulatory relief in the negotiated 2016 spending bill that was unveiled overnight.
The Federal Housing Finance Agency today proposed a rule that would require Fannie Mae and Freddie Mac to submit plans for improving the distribution and availability of safe and sound residential mortgage financing in underserved markets.
Credit risk for both retail and commercial loan products has increased over the past three years as and is expected to continue rising in 2016, according to the OCC’s annual Survey of Credit Underwriting Practices.
What will be top of mind for CRE lenders next year?
The banking agencies are revisiting the dollar thresholds for their appraisal requirements, FDIC Chairman Martin Gruenberg said in Arlington, Va., today at the final outreach meeting for the decennial Economic Growth and Regulatory Paperwork Reduction Act review.
The maximum conforming loan limits for mortgages Fannie Mae and Freddie Mac purchase in 2016 will remain at current levels, the Federal Housing Finance Agency said on Wednesday.