TITLE

FHFA's Watt Defends Contentious Home Loan Bank Membership Plan

AUTHOR(S)
Collins, Brian
PUB. DATE
February 2015
SOURCE
Americanbanker.com;2/4/2015, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
In an interview, FHFA Director Mel Watt said there needs to be greater clarity to ensure some entities aren't taking improper advantage of Federal Home Loan Bank membership.
ACCESSION #
100882353

 

Related Articles

  • FHFA's Watt Defends Contentious Home Loan Bank Membership Plan. Collins, Brian // Cujournal.com;2/05/2015, p6 

    The article focuses on solutions proposed by Federal Housing Finance Agency Director Mel Watt that would protect Federal Home Loan Banks from possible abuse, including adopting new membership requirements.

  • Fannie-Freddie Overseer Easing Loan Buyback Rules. Benson, Clea // Banking Strategies Daily;5/14/2014, p1 

    The article reports that U.S. Federal Housing Finance Agency Director Melvin Watt has announced that he is relaxing rules that have forced American banks to repurchase billions of dollars worth of soured mortgages.

  • 'Nuclear option' may help Watt. Chadboum, Margaret // Charlotte Post;11/27/2013, Vol. 39 Issue 11, p1A 

    The article discusses that the U.S. Senate rules could allow the U.S. representative Mel Watt of Charlotte to allow the taxpayer-controlled firms to provide greater mortgage relief after getting confirmed as the head of the U.S. Federal Housing Finance Agency.

  • FHFA's Watt officially delays guaranty fee hikes.  // Mortgage Banking;Feb2014, Vol. 74 Issue 5, p12 

    The article reports on the postponement of the guarantee fee (g-fee) hike on Fannie Mae and Freddie Mac loans at the Federal Housing Finance Agency (FHFA) due to the change of new FHFA director Mel Watt in the U.S.

  • FHFA Seeks to Tighten Membership Rules for Home Loan Banks. Collins, Brian // National Mortgage News;9/8/2014, Vol. 38 Issue 49, p1 

    The article offers information on the plan issued by the U.S. Federal Housing Finance Agency (FHFA) to maintain their membership in the Federal Home Loan Bank System. It presents the views of David Jeffers, executive vice president of the Council of Federal Home Loan Banks on the new proposal...

  • FHFA's Watt lays out GSE roadmap.  // Mortgage Banking;Jun2014, Vol. 74 Issue 9, p10 

    The article discusses details about the insights of U.S. Federal Housing Finance Agency (FHFA) director Mel Watt regarding policy direction for U.S. national mortgage association Fannie Mae and national home loan mortgage company Freddie Mac. According to Watt, lenders will obtain loan-level...

  • FHFA Extends Comment Period on Home Loan Bank Membership Rule. Collins, Brian // American Banker;10/7/2014, Vol. 179 Issue 155, p1 

    The article discusses the U.S. Federal Housing Finance Agency's (FHFA's) proposed new membership rules for Federal Home Loan Banks. The FHFA proposal would set mandatory minimums for the percentage of assets mortgages must represent at member banks. Robust interest in the proposal has prompted...

  • FHFA's Watt Defends Contentious Home Loan Bank Membership Plan. Collins, Brian // American Banker;2/6/2015, Vol. 180 Issue F306, p1 

    The article discusses the defense of U.S. Federal Housing Finance Agency director Mel Watt to a proposal as of February 2015 that aims to institute new membership requirements for the Federal Home Loan banks. Watt stressed the substantial advantages to belonging to a Home Loan Bank and noted the...

  • FHFA's Watt to Stay Out of GSE Reform Fray. Borak, Donna // Nationalmortgagenews.com;11/20/2014, p1 

    The article discusses the statement of Federal Housing Finance Agency (FHFA) Director Mel Watt about his intentions of not meddling with the housing finance reform debate in the U.S. Congress. Topics covered include his initiatives in FHFA such as keeping guarantee fees at its present rates,...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics