Fair Isaac Corp. CEO William Lansing asserted that FICO is the best tool for assessing credit risk, and he doesn’t see that changing whether the government is more or less involved in the GSEs.
After suddenly stepping down as CEO of the Federal Home Loan Bank of San Francisco, the former Ginnie president showed up in Washington to tout the benefits of the home loan bank system.
Responding to written questions from the Senate Banking Committee, Trump’s new Treasury secretary gave the mortgage industry limited insight into his views on GSE reform.
The former chief housing advisor to the Treasury secretary during the first Trump administration will now oversee Freddie’s regulatory and conservatorship affairs operations.
Treasury and FHFA agreed on some guidelines for how the process of getting the GSEs out of conservatorship will work. But they didn’t set that process in motion.
Even if lawmakers can’t agree on how or whether to release the GSEs from conservatorship, there are incremental steps they can take, according to former FHFA Director Mark Calabria.
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