TITLE

Fannie-Freddie Overseer Easing Loan Buyback Rules

AUTHOR(S)
Benson, Clea
PUB. DATE
May 2014
SOURCE
Banking Strategies Daily;5/14/2014, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
96148875

 

Related Articles

  • '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'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 Bumps Up Fannie-Freddie Low-Income Housing Goal.  // National Mortgage News;8/24/2015, Vol. 39 Issue 38, p1 

    The article discusses a plan released by U.S. Federal Housing Finance Agency (FHFA) director Mel Watt, which increases mortgage lending to low-income families. Topics include plan of FHFA to target mortgage purchases by government-sponsored enterprises Fannie Mae and Freddie Mac for low-income,...

  • Fannie, Freddie Offer Lenders a 'Get Out of Putbacks Free' Card. Berry, Kate // Nationalmortgagenews.com;11/20/2014, p2 

    The article discusses the initiative of government-sponsored enterprises Fannie Mae and Freddie Mac in easing up mortgage buyback requests and encourage lenders to provide loans to borrowers with lower credit scores. Topics covered include the benefits accruing to lenders such as the ability to...

  • Are New Fannie, Freddie Guidelines a Threat to FHA? Collins, Brian // Nationalmortgagenews.com;11/20/2014, p4 

    The article discusses the likely impact of the new low down payment loans products of mortgage companies Fannie Mae and Freddie Mac on the U.S. Federal Housing Administration program. Topics covered include Federal Housing Finance Agency (FHFA) director Mel Watt's introduction of the high...

  • FHFA's Watt Defends Contentious Home Loan Bank Membership Plan. Collins, Brian // Americanbanker.com;2/4/2015, p1 

    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.

  • Dems Sharply Criticize FHFA's Watt on Principal Reductions. Finkle, Victoria // American Banker;11/20/2014, Vol. 179 Issue 179, p14 

    The article discusses criticism by U.S. Democratic politicians of U.S. Federal Housing Finance Agency (FHFA) Director Melvin Watt on alleged inaction in principal reductions for mortgage loans owned by government-sponsored mortgage loan companies Fannie Mae and Freddie Mac. Topics include...

  • Obama nominates Congressman Watt for FHFA director.  // Mortgage Banking;Jun2013, Vol. 73 Issue 9, p10 

    The article announces the appointment of Melvin Watt as director at the U.S. Federal Housing Finance Agency.

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