Tag Archives: Mortgage industry of the United States

TRIA Reauthorization Bill; House Introduce Housing Finance Reform Bill & FHFA Proposes New Mortgage Insurance Rules

Legislative Activity Senate to Vote on TRIA Reauthorization Bill, Federal Reserve Membership This week, the Senate is expected to consider a bill (S. 2244) that would reauthorize the Terrorism Risk Insurance Act (TRIA) for seven years, while making few changes to the current program.  On July 10, Senate leadership agreed to a list of four … Continue Reading

The Future of Fannie and Freddie & FSOC Releases Annual Report

Legislative Activity Senate Banking Committee Likely to Markup GSE Reform Bill It appears as if the Senate Banking Committee is likely to hold a markup of legislation to reform the government-sponsored enterprises (GSEs), the “Housing Finance Reform and Taxpayer Protection Act of 2013” (S. 1217), this week; however, given the fluid nature of the situation, the … Continue Reading

GSEs Hold Hearing on Legislation to Further Reduce Impediments to Capital Formation

Legislative Activity This Week’s Hearings: Thursday, October 24: The House Financial Services Subcommittee on Capital Markets and Governments Sponsored Enterprises (GSEs) will hold a hearing titled “Legislation to Further Reduce Impediments to Capital Formation.” Thursday, October 24: The House Financial Services Subcommittee on Financial Institutions and Consumer Credit will hold a hearing titled “Examining Legislative … Continue Reading

FHA Needs A Bailout

Legislative Activity This Week’s Hearings: Tuesday, October 1: The Senate Banking Committee will hold a hearing titled “Housing Finance Reform: Fundamentals of a Functioning Private Label Mortgage Backed Securities Market.” This is the first in a series of eight hearings the committee will hold on specific aspects of the housing finance market, with the goal … Continue Reading

House Approves PATH Act; FHA Reform; Banks’ Involvement in Commodities and Warehousing & Detroit Bankruptcy

Legislative Activity House Financial Services Committee Sends PATH Act to the Floor The House Financial Services Committee approved the Protecting American Taxpayers and Homeowners Act of 2013, also known as the PATH Act (H.R. 2767). The PATH Act now awaits consideration by the House. The housing finance reform bill includes provisions to wind-down the government … Continue Reading

Announcing Housing Finance Reform Bill, FHA Reform Bill and Bill to Recreate Glass-Steagall Act Conditions

Legislative Activity House Financial Services Committee Members Announce Bill on Housing Finance Reform House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Committee Members Scott Garrett (R-NJ), Randy Neugebauer (R-TX), and Shelley Moore Capito (R-WV) announced their plans to introduce the “Protecting American Taxpayers and Homeowners Act” or PATH Act to reform housing finance. Highlights … Continue Reading
LexBlog