Discover a new way to find and share stories you'll love… Learn about Reading Desk

Trend Results : Federal Housing Finance Agency


Blog Post Results (1-20 of 548)

FILTER RESULTS

Funding for National Housing Trust Fund A Reality

The advocacy and persistence of the National Low Income Housing Coalition (NLIHC) has paid off. Last week, the Federal Housing Finance Agency (FHFA) gave the green light to Fannie Mae & Freddie Mac to set aside money for funding much-needed...Show More Summary

Mortgages Become Easier for Some First-Time Buyers

Alamy By Christine DiGangi Saving up to buy a home might not be as much of a challenge as it used to be, now that the Federal Housing Finance Agency will allow some first-time homebuyers to make down payments of as little as 3 percent. The...Show More Summary

New Policy Goes Only Partway in Helping Struggling Homeowners

The Federal Housing Finance Agency is allowing people who have lost their homes to buy them back at fair market value. But that doesn't help people still in their homes, Jennifer Taub writes in the Another View column.

Lowering Required Home Downpayments Could Lead To Big Trouble

Earlier this week, the Federal Housing Finance Agency lowered the required down payment for borrowers from Freddie Mac and Fannie Mae to 3% of the price of a house.  Dean Baker explains the problem: A study by the Center for Responsible Lending found that the default rate for loans with down payments of between 3 [...]

Forgetting the Lessons of the 2008 Crash

Kevin Drum warns about new FHFA mortgage policy on Mother Jones. Yesterday the Federal Housing Finance Agency issued new underwriting guidelines that allow some home buyers to take out mortgages with down payments as small as 3 percent…This decision by the FHFA is almost criminally myopic. After all, the go-go years that produced a towering [...]Show More Summary

It's Only Taken Us Five Years to Forget The Single Biggest Lesson of the Financial Meltdown

Yesterday the Federal Housing Finance Agency issued new underwriting guidelines that allow some home buyers to take out mortgages with down payments as small as 3 percent. Dean Baker brings down the hammer: The NYT misled readers about...Show More Summary

First-Time Homebuyers May Only Need 3% Down Payment, But It Won’t Be A Cakewalk

In October, the director of the Federal Housing Finance Agency announced that the regulator had reached a deal that would allow bailed-out mortgage-backers Fannie Mae and Freddie Mac to sign off on loans with down payments of less than 5%. Today, Fannie and Freddie revealed more details on what it would take for home buyers to be eligible for … [More]

California’s Reserve Fund Won’t Lift The FHFA Boot From PACE’s Neck

Originally published on ilsr.org. Earlier this year, the state of California announced a $10 million loan-loss reserve to solve the Federal Housing Finance Agency’s severe restrictions on using property-tax based financing for energy efficiency and renewable energy on residential property. Show More Summary

U.S. Regulators Easing Mortgage Credit Requirements

Last week, Federal Housing Finance Agency (FHFA) director Mel Watt announced two measures designed to spur U.S. mortgage lending, as the U.S. housing market continues to lag.

Federal Housing Finance Agency Unveils Plan to Loosen Rules on Mortgages

Since credit remains tight for many borrowers, a federal regulator is trying to ease rules to put the housing market back on track.

Opportunity In Freddie Mac And Fannie Mae

By Jan Svenda: As we all know, Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), two mortgage agencies, are now in a conservatorship for the sixth year. The Federal Housing Finance Agency (FHFA) put them there in the September 2008,...Show More Summary

HSBC Holdings plc (ADR) (HSBC)’s bill for the Financial Crises: $550 million

HSBC Holdings plc (ADR) (NYSE:HSBC), the global banking and financial services institutions has settled with the Federal Housing Finance Agency for $550 million dollars. Bloomberg‘s Trish Regan reported the news on Street Smart.  HSBC Holdings plc (ADR) (NYSE:HSBC), as we all know was not the first and perhaps not the last financial institution either to […]

HSBC to Pay $550 Million to US Housing Authorities to End Mortgage-Related Suit

``HSBC agreed on Friday to pay $550 million to settle a lawsuit filed in 2011 by the Federal Housing Finance Agency, the federal regulator that oversees the government's two mortgage finance companies, over troubled mortgage-backed securities sold in the lead-up to the financial crisis... Show More Summary

HSBC to Pay $550 Million to End Mortgage-Related Suit

HSBC agreed Friday to pay $550 million to settle a lawsuit by the Federal Housing Finance Agency over mortgage-backed securities it sold to Fannie Mae and Freddie Mac before the financial crisis.

Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

4 months agoNews : The Newsroom

Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie. Show More Summary

Goldman Sachs to pay $3.15 bn to settle mortgage case

4 months agoNews : The Newsroom

Goldman Sachs will pay $3.15 billion to resolve claims it misled Fannie Mae and Freddie Mac on mortgage-linked securities it sold them before the US housing bust, officials said Friday. The Federal Housing Finance Agency, the conservator...Show More Summary

Okay FINRA, Who Had The Call From The FHFA?

Last night at 4:05 PM E.S.T. the news hit Bloomberg that the Federal Housing Financing Agency was proposing an astoundingly, stupidly strict set of standards for private mortgage insurers who do business with Fannie Mae and Freddie Mac,...Show More Summary

1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're an Sharehol

With a new push for increasing credit availability, the Federal Housing Finance Agency may have presented the nation's banks with a new opportunity to boost mortgage lending.

Housing Regulator Kicks Off Public Discussion on Mortgage Rates

The Federal Housing Finance Agency on Thursday began a two-month comment period on whether it should proceed with previously planned increases of fees that underlie mortgage rates for millions of borrowers.

Massachusetts sues Fannie and Freddie over foreclosure displacement law

Massachusetts Attorney General Martha Coakley has filed suit against Fannie Mae, Freddie Mac, and their regulator, the Federal Housing Finance Agency, for allegedly failing to comply with a 2012 state law designed to prevent displacement due to foreclosure. Fannie and...

Copyright © 2011 Regator, LLC