House Committee approves slate of mortgage, housing reforms

On the Senate side of Capitol Hill, the Senate Finance Committee is in the process of marking up its own version of tax reform this week. Although the Finance Committee’s approach is similar to the House approach in some respects, it is quite different in others. For example, while the House bill would permanently reduce the tax rates.

WASHINGTON (MarketWatch) — The House Financial Services Committee on Tuesday approved a bill that would impose sweeping changes on the mortgage industry, including minimum standards for approving.

Committee Approves FHA Reform Act. f t # e. Washington, DC, April 27, 2010 Today, the House Financial Services Committee approved legislation to ensure that the Federal Housing Administration (FHA) remains viable and continues its mission of insuring mortgage loans..

Our housing pro, Katy O’Donnell, reports that there won’t be much meat to it – expect a longer version of the section on GSEs in the summer 2018 OMB government reform plan. policy proposal from.

The House Committee on financial services thursday held a hearing, titled A Failure to Act: How a Decade Without GSE Reform Has Once Again Put Taxpayers at Risk, to review the 10 years since Fannie Mae and Freddie Mac (GSEs) were placed under government conservatorship.NCSHA released a statement to comment on some of the issues raised during the hearing.

How long will this mortgage drought last? Investment capital available to private equity real estate firms reaches all-time high 2018 HW Insiders: louann bernstone athens, Ga. /ScoopCloud/ — FormFree(R) today announced that its Head of Risk and Compliance, Louann Bernstone, has been named to HousingWire’s 2018 HW Insiders Award(TM) list of the mortgage industry’s most vital, yet little-known contributors.Capital Available to Private Equity Real Estate Firms to Invest in North America Reaches All-Time High Closed-end private real estate fund managers focusing on North America have $110bn available for investment in the region, an all-time high New research from Preqin shows that closed-end private real estate fund managers have $110bn of equityHere are the states with the priciest homes for sale Curious about the country’s priciest pads, we count down the 10 most expensive listings on the market. The 10 Most Expensive Homes for Sale in the U.S. Right Now | realtor.com3 How Long Does it Take for Mortgage Approval? 4 Can a Short Sale Close Fast? The time it takes to close a mortgage loan varies with the type of mortgage, buyer/homeowner situations, and lender.

On November 9, the House Ways and Means Committee ordered reported a tax reform bill, H.R. 1, the "Tax Cuts and Jobs Act." The bill was approved on a party -line vote of 24 to 16 and now moves to consideration by the full House of Representatives. This report provides initial observations and analysis on H.R. 1, as approved by Ways and Means.

CFPB leader not backing down on lending discrimination cases Huge tax bill for homeowners who receive BofA settlement? Story Continued Below POLITICO’s Jon Prior and Josh Gerstein. is raising similar issues with BofA’s potential settlement: “Having paid the bailout bill and suffered.MBA panel: Tread carefully when going after strategic defaulters Fannie Mae ranks top servicers fannie mae multifamily posts big 2017, Ranks Top Lenders. – Fannie Mae’s Delegated Underwriting and Servicing (DUS) program had a record year in 2017, providing more than $67 billion in financing and supporting over 750,000 units of multifamily housing. "[2017 marked] our 30th anniversary of DUS, a platform that relies on shared risk and strong lender.Strategic Partners and Liaisons. staff. member center. Join / Renew Membership. Membership Benefits and categories. membership frequently asked questions. Emerging Professionals. News & Views. News & Views Archived Issues. Events & Education. Learning Center. Heart Failure Workshop recording. events. doth. event calendar. 34th Annual Meeting.The Consumer Financial Protection Bureau filed zero fair-lending enforcement actions in the 2018 fiscal year and did not refer any violations of the Equal Credit Opportunity Act to the Department of Justice. In a report to congress released tuesday, the agency did not identify any public enforcement actions for fair-lending violations during the fiscal year [.]

Three years after the Dodd-Frank Act failed to address the need for housing finance reform and end the record taxpayer-funded bailout of Fannie Mae and Freddie Mac, the Financial Services Committee.

PennyMac revenue jumped 34% in 2014 PropertyRadar: California real estate market stuck in low gear India’s moribund housing market stuck in low gear: Reuters poll – The National Democratic Alliance (NDA) government, led by Prime minister narendra modi, introduced a host of incentives to shore up the struggling real-estate market last year. Modi’s party gained a.Facebook’s sales jumped nearly. in quarterly revenue – an increase of 49% from $2.6 billion during the same quarter a year earlier. Facebook’s quarterly profits totaled $701 million, or 25 cents.

Congress may now finally be gearing up to reform government-sponsored enterprises Fannie Mae and Freddie Mac. Senate Banking Committee. among mortgage guarantors, and promote access to affordable.

Fannie Mae: Improving American outlook bodes well for housing A Tale of Two Loan Modifications, As Investors Sue Countrywide When asked why some investors seem to have waited until the last minute to file suit, Hawthorne says "there’s a reluctance among major financial institutions to sue. of Countrywide. During the.RMBS investors warn on long-term hazards of shutdown Fitch: Alt-A Mortgages Deteriorating More Rapidly than Expected Negative rating pressure may also result if capital, liquidity and funding deteriorate more quickly than expected, as a result of weak earnings and excessive asset growth, whether organically or.D.R. Horton’s homebuilding revenue grows 33% Also on the rise, homebuilding revenue for the fourth quarter of fiscal 2014 increased 33% to $2.4 billion from $1.8 billion. builder in the most recently reported 12-month period, D.R. Horton has.DataQuick finds increase in sales of high-end homes in 2010 The median home price. beginning of 2010, a tracking firm reported thursday. san diego-based MDA DataQuick said the 20 percent increase in the median price from February 2009 was due to a dip in.

The recent bond market volatility already prompted Fannie Mae to revise its outlook for mortgage rates, while housing experts are also concerned about how recent. 10-year market and the secondary market as well," Weinberg said.. loan size and credit score," said Fannie Mae Deputy Chief.

The Committee on Oversight and Reform is the main investigative committee of the United States House of Representatives.. The committee’s broad jurisdiction and legislative authority make it one of the most influential and powerful panels in the House. Its chairman is one of only three in the House with the authority to issue subpoenas without a committee vote or consultation with the ranking.