TITLE

Wells: GSEs Limit AH Supply

AUTHOR(S)
Collins, Brian
PUB. DATE
March 2004
SOURCE
National Mortgage News;3/8/2004, Vol. 28 Issue 24, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that mortgage banker Wells Fargo Home Mortgage Inc. has slammed Fannie Mae and Freddie Mac claiming the risk policies employed by the two government-sponsored enterprises limit the supply of affordable loans. Solutions to affordable housing; Attempts of Wells Fargo to counter the claims of Fannie Mae and Freddie Mac; Profit of Fannie Mae and Freddie Mac.
ACCESSION #
12470398

 

Related Articles

  • Government-Sponsored Enterprises: Creation of a Single Housing GSE Regulator: T-GGD-00-200. McCool, Thomas J. // GAO Reports;9/12/2000, p1 

    This testimony discusses H.R.3703 and other issues related to the housing government-sponsored enterprises (GSE). GAO supports a single housing GSE regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System and concludes that selecting a "stand-alone" agency with a governing...

  • Market Redefines GSE Role.  // Asset Securitization Report;Sep2009, Vol. 9 Issue 16, p8 

    The article reports on the restructuring of government sponsored enterprises (GSEs) to save the mortgage market from collapsing. According to Glenn Schultz, director of Wells Fargo & Co., government-subsidized debt is used by GSEs Fannie Mae and Freddie Mac to fund their arbitrage portfolios...

  • Wells Public Again on GSE Fault -- Too Risk-Averse. BerGquist, Erick // American Banker;3/5/2004, Vol. 169 Issue 44, p1 

    The accounting improprieties at Federal Home Loan Mortgage Corp. that surfaced last year, combined with an administration increasingly unsympathetic to the two U.S. government-sponsored enterprises, have made them seem politically vulnerable. That perceived vulnerability may explain why a senior...

  • Five Factors Driving Fannie And Freddie's Future. Sinnock, Bonnie // Structuredfinancenews.com;8/18/2015, p1 

    Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the government-sponsored enterprises' outsized presence in the mortgage industry, as their latest quarterly results show.

  • Fannie, Freddie CEOs to Lenders: We Have No Designs on Your Turf . BROCKMAN, JOSHUA // American Banker;10/14/1999, Vol. 164 Issue 198, p1 

    Discusses the efforts of the chief executive officers of the Federal National Mortgage Association Franklin D. Raines and Federal Home Loan Mortgage Corp. Leland C. Brendsel to allay the fears of lenders in the United States. Emphasis on the government-sponsored enterprises' lack of plans to...

  • GSE Reform. Pfotenhauer, Kurt // Mortgage Banking;Apr2004, Vol. 64 Issue 7, p111 

    Points out that the year 2004 just might be the year for government-sponsored enterprise (GSE) regulatory reform in the U.S. Rapid growth of Fannie Mae and Freddie Mac in portfolio size and in debt and mortgage-backed securities issuance; Seven GSE reform bills introduced in Congress between May...

  • GSEs Adjust Ahead of Fed Move.  // American Banker;7/14/2006, Vol. 171 Issue 134, p9 

    The article looks at how U.S. government-sponsored enterprises are adopting new methods of paying principal and interest on their debt ahead of a change in the Federal Reserve's policy on intraday credit. Fannie Mae, Freddie Mac, and the Federal Home Loan banks all said that they expect to fully...

  • Banks Will Recoup Billions from GSEs' Loan Buyouts. Berry, Kate // American Banker;3/8/2010, Vol. 175 Issue 35, p1 

    The article focuses on the impact of government-sponsored enterprises' (GSE) loan buyouts on the repurchasing of delinquent loans by mortgage servicers. Residential mortgage servicers Bank of America Corp. and Wells Fargo & Co. are expected to be reimbursed one billion dollars each. Fannie Mae...

  • 'Split Opinions on GSE Serv. Fee' Muolo, Paul // National Mortgage News;2/14/2005, Vol. 29 Issue 21, p32 

    Reports on a private forum by the Mortgage Bankers Association (MBA) in which varying viewpoints on the minimum servicing fee mandated by Fannie Mae and Freddie Mac were discussed. Difficulty in identifying which firms are for, against or neutral regarding the government sponsored enterprise...

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