FHLB Advances Fall, Collateral Rises in 2018
Advances from the Federal Home Loan Banks during 2018 fell about 4% to $728.8 billion, the Federal Housing Finance Agency...
Mortgage
FHFA: Fannie, Freddie Sold More than 117,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 117,466 nonperforming loans as of June 30, 2019, with a total unpaid balance...
FHFA Announces New Loan Limits for 2020
The Federal Housing Finance Agency today said that it will raise the maximum conforming loan limits for mortgages Fannie Mae...
Mortgage Industry Group Issues Language to Help Lenders Comply with New Law
To help lenders comply with the Taxpayer First Act—a new law taking effect Dec. 28 that requires that taxpayers provide...
CFPB to Conduct Five-Year Review of TILA-RESPA Integrated Disclosure Rule
The Consumer Financial Protection Bureau today published its plan for conducting a five-year assessment of the 2013 TILA-RESPA Integrated Disclosure...
FHFA to Re-propose GSE Capital Rule in 2020
Federal Housing Finance Agency Director Mark Calabria today signaled his intention to re-propose regulations for capital requirements for Fannie Mae...
ARRC Recommends Libor Fallback Language for Residential ARMs
The Alternative Reference Rates Committee today issued its recommended fallback language for residential adjustable-rate mortgages that reference the London Interbank...
FDIC Research Shows Effect of Regulation on Nonbank Mortgage Market
In recent years, nonbanks have made major inroads into sectors like the single-family mortgage market, where they now originate more...
HUD Report: Mutual Mortgage Insurance Fund Exceeds Statutory Capital Ratio in 2019
The Federal Housing Administration’s Mutual Mortgage Insurance Fund reached a capital ratio of 4.84%, up from 2.76 in 2018 and...
How Banks Should Prepare for a Flood Insurance Lapse
If not reauthorized, the National Flood Insurance Program will lapse on Nov. 21. Here's what bankers can do to get...
