RMBS

State attorneys general and Consumer Financial Protection Bureau (CFPB) officials on Monday agreed to cooperate on enforcement actions and work together to prevent evasions of consumer protection laws.

The Federal Home Loan banks and their members are urging the Federal Housing Finance Agency (FHFA) to scrap a proposal that would make it tougher to join — and stay a part of — the cooperative system.

The Obama Administration’s white paper on the future of the GSEs may have muddied the issue as much as it clarified it.

Investors have proven slow to return to the European securitization market. The limited appetite has been matched by a lackluster amount of securitization supply that market analysts said has created an imbalance in secondary and primary securitization pricing.

The Department of Housing and Urban Development (HUD) released a contingency plan if budget negotiations held today fall and the government shuts down, which mortgage market participants are sure will happen.

The Federal Deposit Insurance Corp. (FDIC) is expected Tuesday to propose new capital requirements for certain swap participants, as well as guidelines for adjusting the premiums of large banks.

A U.S. government furlough that last more than a few days will have an effect on mortgage origination, agency RMBS analysts said.

It's finally April and thousands upon thousands of new home listings are hitting the market – but a key source of homebuyer financing, the Federal Housing Administration (FHA) program, will shut down Friday night if Congress cannot reach terms on a budget deal.

The Mortgage Bankers Association (MBA) wants to delay a final decision that is expected this summer on revamping residential mortgage servicing fees.

Although lawmakers were ostensibly supposed to debate ways to overhaul the structure and authority of the Consumer Financial Protection Bureau (CFPB), a hearing Wednesday in a House Financial Services subcommittee was sidetracked by questions over whether the agency should exist at all.