The Federal Housing Finance Agency (FHFA) announced on Monday a 60-day extension for the commenting period for proposed rule to revise membership requirements for Federal Home Loan Banks back in September.
Read More »Fed’s Labor Market Index Shows Signs of Recovery In September
As a broad measure of the market, the Fed's index includes a number of indicators that go beyond just the national unemployment rate, including average hourly earnings, hiring rates, and labor force participation, among others.
Read More »Former FHFA Official Burns Joins Collingwood Group
Meg Burns, former senior associate director for the Federal Housing Finance Agency (FHFA), has signed on to the Washington, D.C.-based Collingwood Group as managing director, the company announced.
Read More »Freddie Mac’s Serious Delinquency Rate Dips Below 2 Percent
Freddie Mac followed the lead of its sister government-sponsored enterprise, Fannie Mae, and reported a serious delinquency rate of less than 2 percent for August in its recently-released August 2014 Monthly Summary.
Read More »JPMorgan Claims $868M in Consumer Relief Credit
JPMorgan Chase reports it has completed nearly a quarter of its consumer relief obligations required under a landmark mortgage-backed securities (MBS) settlement last year.
Read More »Fannie Mae: Employment Report Supports Forecast of ‘Solid Economic Growth’
Fannie Mae's chief economist, Doug Duncan, weighed in on today's employment report from the Bureau of Labor Statistics, saying the GSE maintains its "forecast of solid economic growth" in response to the data released.
Read More »Democratic Congress Members Call for Review of FRBNY
Three Democratic U.S. Representatives have signed a letter urging the federal government to investigate whether the Federal Reserve Bank of New York (FRNBY) and its monitoring of big banks.
Read More »Judge Dismisses Investors’ Claims in GSE Profits Lawsuits
A judge in the U.S. District Court for the District of Columbia dismissed claims investors made against the federal government regarding the distributing of GSE profits, according to a report by Reuters.
Read More »Fannie Mae: Serious Delinquency Rate Hits Lowest Level in Six Years
The nation's serious delinquency rate on single-family mortgage loans for August was the lowest it has been in six years, according to Fannie Mae's August 2014 Monthly Summary released earlier this week.
Read More »New York AG Commits More Funds to Homeowner Protection Program
The office of New York Attorney General Eric Schneiderman will be committing up to $40 million to aid organizations that work through the Homeowner Protection Program (HOPP) to provide housing counseling and legal services to struggling homeowners, Schneiderman announced on Monday.
Read More »