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The State of Ginnie Mae MBS Issuance

Ginnie Mae, a wholly-owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country, has announced that issuance of its mortgage-backed securities (MBS) hit a total of ...

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Mulvaney: ‘The Bureau Is Not Designed to be Accountable’

During his testimony before the Financial Services Committee, Mick Mulvaney, CFPB’s Acting Director spoke on the bureau’s strategic priorities and a “New Approach” towards bringing more responsibility and accountability to the consumer watchdog.

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HUD Awards $28 Billion for Disaster Recovery

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

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Housing Center at AEI Hires Co-Director

Dr. Lynn Fisher has joined the American Enterprise Institute as the Co-Director of the Housing Center, focusing on housing markets, including affordable housing, home building, mortgages, and housing finance.

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Houston Updates Building Codes in Floodplain

According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...

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John C. Williams Named President of New York Fed

The Federal Reserve Bank of New York announced that John C. Williams has been named President and CEO. His appointment by the eligible members of the New York Fed’s Board of Directors was approved by the Board of Governors of the ...

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Christopher Herbert Elected to Freddie Mac Board of Directors

Freddie Mac announced that Christopher E. Herbert was elected as a director on the company’s board of directors. Herbert, 57, has extensive experience relating to housing policy and urban development. “We are very pleased that Chris is joining the Freddie ...

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