The Obama administration last week sought authority from Congress to compel errant FHA lenders to indemnify the FHA fund for losses caused by fraud or misrepresentations. Testifying before the House Financial Services Committee last week, Department of Housing and Urban Development Secretary Shaun Donovan also asked lawmakers to expand FHA’s ability to hold lenders...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.