Tag Archives: Robert D. Broeksmit

House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households.

Sens. Jack Reed and Bill Hagerty have introduced the bipartisan Homebuyers Privacy Protection Act, a bill that would end the sale of residential mortgage applicant information by credit reporting agencies.

The OCC, Treasury Department, Federal Reserve, and FDIC have jointly issued a proposal to modify large bank capital requirements to better reflect underlying risks, and increase the consistency of how banks measure their risks.

Change by the FHA facilitates greater flexibility for lenders when underwriting multifamily transactions up to $120 million, marking the first increase in the threshold since 2014.

By revoking the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac, the FHFA continues its engagement to improve clarity and transparency regarding the GSEs’ pricing framework.

Fannie Mae and Freddie Mac have changed their upfront fee structure to strengthen their safety and soundness by enhancing their ability to improve their capital position over time.

Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.