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November 26, 2014

FHFA directive loosens policy on sales of existing REOs

A change to Fannie Mae and Freddie Mac's existing real estate owned properties policy will allow the enterprises to sell existing REO properties to any qualified purchasers at fair-market value. ReadMore

DoD extends comment deadline on lending act proposal

The U.S. Department of Defense announced a 30-day extension of the comment period for its proposed changes to the Military Lending Act. ReadMore

CFPB ombudsman reports top complaint areas of 2014

A review of the Consumer Financial Protection Bureau from the agency's ombudsman has been released, highlighting several issues from 2014. ReadMore

NCUA posts updates on guaranteed notes, corporate resolution program

Updated information on the performance of the National Credit Union Administration's Guaranteed Notes program and costs of the corporate credit union resolution program have been posted to the agency's website. ReadMore

Freddie to add loan-level loss data to historical dataset

Freddie Mac will begin including loan-level actual loss to its single family loan-level historical dataset, it announced Tuesday. ReadMore

Inside Washington (11/26/14)


WASHINGTON (11/26/14)--The U.S. Treasury Department has announced a new director of the Community Development Financial Institutions (CDFI) Fund. Annie Donovan, former CEO of CoopMetrics, will serve as director, overseeing the expansion of access to capital and financial services in critically underserved urb


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.@TheNCUA release on Nov. prohibition orders out already. Here:
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