A new set of tougher scenarios did little to keep large banks from passing the most recent stress tests mandated by the Dodd-Frank Act.
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The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?
July 28 -
President Trump has signed the Protecting Affordable Mortgages for Veterans Act, which aims to address concerns that rules around certain VA refinances were impeding those loans' inclusion in secondary market pools.
July 26 -
The agency’s director said it will let a temporary GSE exemption from the “qualified mortgage” regulation expire.
July 25 -
The sponsors are benefiting from a nearly $1 billion, cash-out refi loan that will pay off $627.3 million in existing debt for the Grand Canal Shoppes, a retail, entertainment and dining complex in Las Vegas.
July 25 -
State and federal authorities say the network of firms in upstate New York sought debts that consumers weren't obligated to pay and impersonated government officials, among other things.
July 25
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Ginnie Mae is requesting feedback on a new proposed stress test for mortgage-backed securities issuers that would take into account the government agency's increased nonbank counterparty risk.
July 24 -
The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer.
July 24 -
The initial public offering of 1.2 million shares of Eagle Point Income Co. raised $23.1 million.
July 24 -
Two decades after "Bowie Bonds," $560M in new asset-backed notes will allow investors to buy into revenue streams of SESAC's 35,000 musical acts.
July 24 -
While seasonal factors were attributed to the monthly rise in mortgage delinquencies for June, the jump was still much higher than last year's fairly steady increase, according to Black Knight.
July 23 -
While property assessed clean energy financing slows elsewhere (especially California), a renewables push through both NYC and state measures may turn the Empire State into a new focal point for PACE.
July 23 -
Jefferies is housing the initial round of $300 million in loans under a repurchase agreement with four lenders, as well as with the trust established for the transaction in Jefferies’ standing as the repo seller.
July 22
















