Browsing: GSEs

Mortgage

As the American Bankers Association has long anticipated, CFPB Director Kathy Kraninger signaled in a letter to lawmakers last week that her agency will extend the temporary “GSE patch,” which grants Qualified Mortgage status to loans eligible to be purchased or guaranteed by Fannie Mae or Freddie Mac.

Mortgage

The Federal Housing Finance Agency today announced that former Commodity Futures Trading Commission Chairman Christopher Giancarlo will serve as independent, non-executive chairman of the board of Common Securitization Solutions, a joint venture between Fannie Mae and Freddie Mac to support their uniform mortgage-backed security.

Mortgage

Building on previous warnings about risks associated with home retrofitting loans financed through tax assessments, the Federal Housing Finance Agency is requesting public input on additional steps to deal with the “continued threat” that these loans pose to homeowners and the housing finance system.

Newsbytes

The Consumer Financial Protection Bureau today announced updates to its rulemaking agenda for 2019. Significantly, the bureau said that it is considering initiating a rulemaking or issuing guidance to address the interplay between Regulation Z and requirements under the Electronic Signatures in Global and National Commerce Act.

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