Second, Fannie and Freddie have not been protected in an incubator by their loving conservator, FHFA Director Mel Watt. Under his watch, the GSEs have dramatically trimmed their portfolios, transferred risk to the private sector, and adopted tougher lending and securitization standards.
Source: “Watch: FHFA Director Watt Ensures HARP Is Not a Scam,'” HousingWire (Aug. 25, 2014) Advantage of HARP BudandDougZeller.com CaliforniaSierraFoothills.com El Dorado County California Federal Housing Finance Agency FHFA Hablamos Espanol HARP Home Affordable Refinance Program interest rates Lowering monthly mortgage payments placerville ca.
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· Zack childress Based on what the FHFA Director says, HARP is not a scam . It is important to understand what HARP is, HARP stands for Home Affordable Refinance Program. What this program does is it allows homeowner to refinance their properties to.
Treasury is working with the Internal Revenue Service examiners to review 100 registered digital currency providers as well as others that have not registered. by Bloomberg News, Federal Housing.
Friday, November 21, 2014. 30-year mortgage rate drops below 4%. 30-year mortgage rate drops below 4%
· Mel Watt speaks after being sworn in as Federal Housing Finance Agency director as his wife Eulada Watt looks on in the Eisenhower Executive.
Trump calls for Fed to reduce interest rates amid trade war with China · A Fed meeting next week may provide the acid test of market expectations that the U.S. central bank could cut rates as much as three times this year, while a Group of 20 summit at the end of the month may yet yield more progress on a trade deal.
But at the meeting, he said he was now frustrated to learn, by way of a conclusive new federal review. save money,” said former FHFA director James Lockhart, a George W. Bush-era appointee. But the.
Citi earnings plummet amid $7B RMBS settlement Big Banks Impress in Q2 Earnings Despite Legal Costs. Also, the company reached a $650 million settlement with AIG to resolve its residential mortgage-backed securities (RMBS) litigation. The company came out with adjusted earnings per share of 41 cents, beating the Zacks Consensus Estimate of 29 cents.