Both FHFA, S&P CoreLogic Case-Shiller indexes show year-over-year, month-over-month increases.
Tagged: Federal Housing Finance Agency (FHFA)
Tells House committee it’s “simply not true” that financially stronger borrowers are subsidizing others.
CEO Bob Broeksmit calls for sensible Regulation, clarity, and support for the mortgage industry.
FHFA also seeking input on the process for setting the GSEs’ single-family upfront guarantee fees.
Seeks additional analysis for some portions of proposed changes.
Stakeholders hopeful that agency will proactively seek greater input before proposing future changes.
Federal agency said it will also issue Request for Input on the GSEs single-family pricing framework.
GOP proposes 2 bills in Congress to repeal; Urban Institute says changes don't penalize rich to help poor.
Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.