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June 20, 2024
Expectations and standards are. To piggyback a quick question off of that. Seems and these seem like significant changes. What impact will it have on credit overlays . I hope that it will substantially reduce credit overlays and that lenders will start operating more inside the credit box that fannie and freddie have said they will purchase loans in or guaranteed loans in that space. And based on conversations that we have had with industry participants emma my hope is a positive hope. I do not ...
June 20, 2024
We believe this will be a winwin for our hardest hit communities and for our conservatorship objectives. Weve also received a number of inquiries about changing the eligibility requirements. Because the number of borrowers we could add by extending the eligibility date or by changing performance requirements is relatively small, we have decided not to alter eligibility parameters. Fhfa is, however, working to retarget our h. A. R. P. Outreach efforts to the approximately 750,000 of borrowers who...
June 20, 2024
Humanitarian, economic, and military assistance to the rebels, how to engage the International Community on a path toward political transition to eventually a post assad regime. I think we need to reassess our policy in syria. Host we thank you very much for being with us on this sunday and giving us your perspective on the situation in syria. Appreciate your time. Guest thank you very much. Host and by the way, well continue the conversation tomorrow morning. Cspans washington journal, congress...
June 20, 2024
Charter mandates in fannie and freddie. We take those mandates seriously and obviously we think that Congress Took them seriously. Otherwise they would not have written them into the law. So were going to treat them as seriously as we treat every other aspect of fannie and freddies and fhfas statutory mandates. I had a question about servicing, one of the issues we hear a lot about contraction of credit is not only on ortiz when you sell the loan but also when you service the loan. Recently jpmo...
June 20, 2024
You gave your first public shrinking freddie mac and fannie mae. I was wondering if you can talk about what exactly do you see as your mandate at fhfa . Multiple mandates. We have preserve an conserve mandate. We have a mandate to assure liquid resilient Housing Finance market and i think we have a mandate to reduce to taxpayers. I try to make the difference between shrinking the current footprint of fannie mae and freddie mac and shrinking their risk exposure. I dont think its our role necessar...
June 20, 2024
Failure as a public leader. I started reading about the aggressive area and the magazines and the press, and these guys stood in the center of it. They played a role and even the best historians writing secondarily would say these people were the vanguard of the progressive movement. I started reading about them. I did not know mcclure. He came into my life. Roosevelt, taft, and the muckrakers. Sunday night with doris kearns goodwin. Some serious scholars in womens studies. Most apartments inclu...
June 20, 2024
For peace. And thailands king open divorcing the country ice military chief despite growing protest for the army. The credit in europe is strong according to the latest cfo council. Speaking to this show, they say corporates are getting access to capital at attractive rates. Youre watching Worldwide Exchange, bringing you Business News from around the globe. And a very good morning to you. We have Election Results from the eu parliamentary elections. A mixed bag with an increase in gains for the...
June 20, 2024
Agreeing to promote wet wipes for. All of that and more on this hour of market now. Connell that is quite an ad campaign. Lets go to Nicole Petallides and checkin on the market before we get too wet wipes and everything else. Nicole right now the Dow Jones Industrials is off 38 points. The trend has been to the upside. The third week is starting with up arrows. We should note, we are waiting on the side. We will be in this wait and see mode. We are waiting to get news from apple and alcoa and cr...
June 20, 2024
Nightly Business Report this tuesday may 13th. Good evening, everyone, and welcome. Records fell again on wall street today as the dow industrials and the s p 500 each closed at record highs, more on that in a moment. But we begin with big changes being rolled out at a company that as much as any defines the permanent blue chip, you may earn more in portfolios or funds, it contributed not one bit to the rising markets, the shares were off slightly. The ceo sat down with a Rare Television intervi...
June 20, 2024
Is set to discuss strategy with Health Insurance ceos. White house meeting comes after obama adds a substantial change to the law. The president said thursday that Insurance Companies can offer another year of coverage under their existing plants. Thats because people have been losing coverage and havent been able to find new plans on the healthcare. Gov website. It continues a white house official says that obama and senior aides are meeting with a senior officials to discuss Holding People enr...