The widely expected Senate panel discussion of the Johnson-Crapo bill occurred as senators discussed the future of Fannie and Freddie. In the same week, stress tests were released for Fannie and Freddie with a number that looks alarming but could be fixed by taking relatively simple action.

Under Johnson-Crapo, investors would have 90 percent of the price of a privately issued MBS guaranteed by the government. This means that no matter how much garbage Goldman Sachs or J.P. Morgan threw into an MBS, investors wouldn’t have to worry about losing more than 10 percent of their investment.

However, the next housing reform bill is the Johnson-Crapo bill which looks almost exactly like the Corker-Warner bill. Like Corker-Warner, Johnson-Crapo would wind down Fannie and Freddie and.

Although he is a longtime Republican, Powell’s decision to endorse a Democrat is not shocking. He also backed Barack Obama in both 2008 and 2012, and in each of those cases made his announcement.

Capital Economics: Home price growth will slow to 4% annualized Sterne Agee lowers and suspends estimates on Ocwen’s debt refi Besides searching for someone other than OCWEN to refinance my Mortgage, I had been pleading for a Loan Modification in veiw of the failing economy. Despite much hesitation, in 2010, OCWEN finally agreed to Modify my loan to a lower Interest rate, and for about six months, I had the pleasure of paying approximately $500 less each month.Rep: Here’s why Dodd-Frank needs to be rolled back Do Millennials want to live in dorms? Really? 24 Things Millennials Really Want You To Understand (But Know You Never Will) by Masha Fante You may well know that over the years, millennials have caught a lot of heat, particularly for "destroying" entire industries.While the rules have some clear benefits for consumers, Dodd-Frank still has its share of critics who say it went too far: that it limits economic growth and restricts the ability of banks to lend. This is why President Trump and the Republican party have taken steps to roll back parts of the law while still keeping the main framework in place.RP Data has today released its home price results for the month of June, with the daily index recording a solid 1.4% bounce following May’s 1.9% decline. As shown above, value gains were.

 · What is the Johnson Model of Intervention? There are seven components that Dr. Johnson outlines not only in his book but also in his Intervention Practice.

Bank of America slashes another 250 employees MBA President explains need for housing director Hensarling: “We are headed for a debt crisis” KEYWORDS financial services committee jeb hensarling national debt robert samuelson The nation is headed on a destructive path to an overwhelming pile of national debt, Financial services committee.holly ham executive Director. Holly Ham was appointed on November 13, 2017 to the position of Executive Director of the White House Initiative on Asian Americans and pacific islanders (aapis), housed in the U.S. Department of Education in Washington, DC.Our next question comes from Dennis Coleman from Bank of America. we’ll take another look at that and see if we can adjust that. Sunil Sibal– Seaport Global Securities — Analyst OK. Got it. And I.Mortgage applications surge on low interest rates NEW YORK (Reuters) – U.S. mortgage applications jumped to their highest level in 2-1/2 years, led by a surge in refinancing activity. reading since 512.9 in the week of Oct. 14, 2016. Interest.NYDFS superintendent to step down amid rumors of tension with Cuomo’s office Saturday update: watergate cover-Up At the WFP and City Hall and the Press Sleeps Mayor’s Top Aide Emma Wolfe Continues to Stonewall Data and Field Investigators Two Charged in Campaign Finance Case ( WSJ) De Blasio Aide Backs Out of Speaking With Special Prosecutor.

Fannie Mae and Freddie Mac’s outlook "improved significantly" amid multiple reports of a draft Senate bill that’s likely to be released in the next two to four weeks, Groshans said in a research.

Fannie Mae and Freddie Mac’s outlook "improved significantly" amid multiple reports of a draft Senate bill that’s likely to be released in the next two to four weeks, Groshans said in a research.

What is the affordable housing world making of the Johnson-Crapo housing finance reform? So far here on Rooflines, Dan Immergluck gave us a good overview of its provisions and cautioned community developers not to ignore it, and economist Dean Baker told us it’s an impressively bad worst of both worlds.

MarketWatch surveyed some of the bigger names on Wall Street who focus on housing, and the general consensus is that whatever recovery was going isn’t anymore, and.

Johnson-Crapo Bill passes Banking Committee, Margins Smaller than Hoped. Committee chairman Tim Johnson (D-SD) had hoped to send the bill to the whole Senate with at least 16 of the 22 committee members voting for the committee’s recommendation, but was able to obtain only a 13 to 9 favorable vote .