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Tag Archives: Mel Watt

FHFA Amends Affordable Housing Regs

The Federal Housing Finance Agency’s Final Rule is designed to provide more flexibility when it comes to allocating Affordable Housing Program Funds. Click through to learn the details.

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FHFA: Four Regulatory Focuses for 2017

The Director of the Federal Housing Finance Agency (FHFA), spoke about the FHFA and the FHLBanks at the 2017 Federal Home Loan Bank Directors’ Conference Tuesday. Mel Watt began with positive news about FHLBank performance and lead into the four main regulatory issues he would like to focus on. He stressed that the FHFA will carry out all work in a transparent manner.

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FHFA to Get Off the Fence on Principal Relief

FHFA has been considering the possibility of offering principal reduction to underwater homeowners since long before Mel Watt became Director of the Agency two years ago. Why have they taken so long to make a decision?

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Was Watt’s Speech the Beginning of the End for the Conservatorship?

Last week, FHFA Director Mel Watt gave a speech at the Bipartisan Center in which he declared the GSEs' lack of capital to be their biggest risk, and that he expects that risk to escalate as the conservatorships continue. Will that risk spur the government to end the conservatorships after almost eight years?

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