6 hrs ago
Johnson keeps focus on 30-year mortgage
Dec. 11, 2013 - Senate Banking Committee Chairman Tim Johnson, D-S.D., reiterated the need to ensure continued availability of a 30-year, fixed-rate mortgage in Tuesday's housing finance reform hearing with witnesses from Fannie Mae, Freddie Mac and others.
13 hrs ago
The Daily Caller
What is the cut on Sen. Crapo's face?
When Idaho Republican Sen. Mike Crapo came to the floor Tuesday to voice his opposition to confirming Rep. Mel Watt to lead the Federal Housing Finance Agency, C-SPAN junkies noticed the mark on Crapo's cheek.
Mon Dec 09, 2013
The Charlotte Observer
Mell Watt expected to overcome opposition, win housing post
WASHINGTON Rep. Mel Watt is expected to be confirmed this week to lead the influential housing-finance regulator that oversees Fannie Mae and Freddie Mac after the Senate changed its filibuster rules, making it harder to block White House nominees.
Fri Dec 06, 2013
National Mortgage News
Budget Deal Raises Concerns About More G-Fee Hikes
Federal Guarantee is Key to Affordable Mortgage Financing Ted Tozer, president of Ginnie Mae, explains to NAR Vice President Joe Ventrone why a continued federal role in the secondary market is key to a successful mortgage finance system in the U.S. Federal Guarantee is Key to Affordable Mortgage Financing Ted Tozer, president of Ginnie Mae, ... (more)
Mr. Cope's Cave: Minimum Work
Here is what you and I paid Raul Labrador this year: $174,000. Just this year... $174,000.
Wall Street Journal
Senators Urge Against Loan Fee Increase in Budget Deal
Sens. Tim Johnson and Mike Crapo , the leaders of the Senate Banking Committee, have asked fellow lawmakers engaged in negotiations over a budget deal not to raise loan-guarantee fees charged by Fannie Mae Congressional negotiators have been trying to reach a small-scale budget agreement to avoid future showdowns over fiscal issues that resulted in ... (more)
Wed Dec 04, 2013
The Daily Beast
Brooklyn's Lazy CarpetbaggerBy David Freedlander
William Bryk is a 58-year-old Brooklyn lawyer who's never been to Alaska-or Wyoming, or Idaho.
Sat Nov 23, 2013
Crapo Statement on the Transition to a New Housing Finance System
WASHINGTON , Nov. 22 -- The ranking member of the Senate Committee on Banking , Housing & Urban Affairs issued the following news release: U.S. Senator Mike Crapo , Ranking Member of the Senate Banking, Housing and Urban Affairs Committee , today delivered the following remarks during a Banking Committee hearing held to examine the best plan for a ... (more)
Fri Nov 22, 2013
Recent CFPB Report to Congress
On November 12, 2013, Richard Cordray, Director of the CFPB, appeared at the hearing of the Senate Banking, Housing and Urban Development Committee to discuss the CFPB's Annual Report to Congress.
Thu Nov 21, 2013
Fed Chair Nominee Yellen Clears Committee Hurdle
Janet Yellen cleared another hurdle in her path toward becoming the next chair of the Federal Reserve on Thursday when the Senate Banking Committee voted 14-8 in favor of her nomination.
Wall Street Journal
Yellen Details Regulatory Views in Responses to Senators
Janet Yellen , President Barack Obama 's pick to be the next leader of the Federal Reserve , offered further detail on her regulatory views in a series of written answers to senators' questions.
Wed Nov 20, 2013
Senate Republicans look to protect companies that self insure
A group of Senate Republicans, including Senate Majority Leader Mitch McConnell , introduced legislation Wednesday that would protect businesses that self-insure their employees.
Wall Street Journal
Support of Republican Corker Eases Yellen's Path to Fed Chief
Janet Yellen 's path to become the next leader of the Federal Reserve became clearer Wednesday when Republican Sen. Bob Corker announced he will support her.
Yet Another Government Agency Is Keeping Tabs On You
At a Senate Banking Committee hearing last week, Richard Cordray - the director of the Bureau of Consumer Financial Protection - was on the defensive with respect to the bureau's collection of information about Americans' spending habits.
Tue Nov 19, 2013
CBO: FHA reform bill could save government $514M
The Senate-proposed Federal Housing Administration Solvency Act could reduce federal discretionary spending by $514 million over a four-year period of time, while forcing the FHA to build up to a 3% capital ratio, the Congressional Budget Office said Tuesday.
Mon Nov 18, 2013
The Washington Post
Wall Street Pushes Back on CFTC's Advisory for Overseas Swaps
The largest Wall Street banks are mobilizing to fight a new policy by the U.S. Commodity Futures Trading Commission that gives the regulator broader authority in overseas derivatives deals.
Fri Nov 15, 2013
The Hearing: Reality, Delusion, and the Federal Reserve
Janet Yellen, Vice Chair of the Federal Reserve at Berkeley-Haas Janet Yellen, Vice Chair of the Federal Reserve Board of Governors and Haas Professor Emeritus, speaks at the Berkeley-Haas Dean's Speaker Series about ... by YouTube Janet Yellen went to Capitol Hill to be inter rogated by some senators about the kind of job she plans to do once ... (more)
Senate Resolution Demands Iran Release Detained Christian Pastor
Today, the U.S. Senate unanimously passed a bipartisan resolution that directly calls "on the Government of Iran to immediately release Saeed Abedini and all other individuals detained on account of their religious beliefs."
Senate inches toward Fannie, Freddie reform but deal elusive
The leaders of the U.S. Senate Banking Committee appear unlikely to meet their goal of producing a bill by year-end that would wind down major mortgage finance companies Fannie Mae and Freddie Mac , given the shrinking timeline and the tricky politics.
Thu Nov 14, 2013
Yellen Says Review of Bank Commodity Activity Could Bring Limits
The Federal Reserve may consider limits on bank ownership and trading of physical commodities out of concern that an event such as an oil spill could undermine financial stability.