Community Home Lenders of America
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion Bill Pulte launches a campaign to cut alleged wasteful spending at the mortgage giants
Mortgage industry groups support the Trump administration's picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies
Another worry for bond market investors is quantitative tightening, the Fed's program to trim its massive holdings of government debt and mortgage-backed securities
While the Community Home Lenders of America welcomed the increase, it might benefit homebuyers as well, by giving loan servicers more incentive to process FHA loan assumptions
Having slashed premiums on new FHA loans by 35% in March, and with insurance in force growing faster than reserves, HUD officials are showing no signs they'll give in to industry demands
The Fed chair acknowledged that elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes
NAR united with lending groups on Thursday to urge the Fed to maintain its current mortgage holdings in order to narrow a wide 'spread' between 10-year Treasurys and rising mortgage rates
Industry groups continue to object to new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and middle-class consumers
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