The White House would have to find out how to advance money to servicers so investors in MBS can get their guaranteed payments.
Read More »Trump: Revisiting Regulatory Barriers to Home Affordability a ‘Priority’
A White House report says current restrictions are causing numerous problems from increasing homelessness mobility to dampening the overall economy, and the administration plans to take action.
Read More »New Federal Housing Commissioner Nominated by President Trump
Click through to read more on the nominee selected to follow Brian Montgomery, who is poised to be the new Deputy Secretary of HUD.
Read More »President Trump Nominates Jerome Powell as Fed Chair
Today, President Donald Trump announced the nomination of Jerome Powell, a Federal Reserve Board governor who previously worked as a private-equity executive, as Fed Chair to succeed Janet Yellen.
Read More »Yellen Stays the Course, Trump Maps the Fed’s Future
The Federal Reserve has voted to keep its key interest rate unchanged. But things may look a little different come 2018 . . .
Read More »Lender Poll: Regulation a Top Priority
A recent survey of mortgage professionals shows that a majority are ready for regulation changes to the Home Mortgage Disclosure Act. Most of those polled believe requirements for collecting, analyzing and reporting data, coupled with a lack of resources to manage the mortgage data, contributes to the rising cost of loans. Nearly a quarter share President Trump’s sentiment that policy changes to the mortgage industry would be beneficial to the lending market.
Read More »Industry Reacts to HUD Deputy Secretary Nomination
President Trump nominated Pam Patenaude to be Deputy Secretary of Housing and Urban Development on Friday. Patenaude, currently President of the J. Ronald Terwilliger Foundation for America’s Families, has a long history in the industry. Executives from all ends of the spectrum have praised her nomination.
Read More »Financial Choice and the Year to Come
The Financial Choice Act would give regional and community banks a way to avoid most aspects of Dodd-Frank regulations, and a policy which would force big bank’s parent companies to file bankruptcy and restructure, instead of the current Dodd-Frank policy.
Read More »The Beginning of a New Era in America
Donald J. Trump was sworn in as the 45th President of the United States on Friday, while the nation—and the industry—listened in closely as he promised to rebuild the economy by putting American people first.
Read More »Now That a Real-Estate Developer is President-Elect . . .
With a trailblazing real estate mogul entering the Oval Office on January 20, a sharper focus on the U.S. housing delivery system is possible, if not likely, according to Collingwood Group Vice Chairman and former FHA Commissioner Brian Montgomery. Editor's note: This select print feature originally appeared in the January 2017 issue of MReport magazine.
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