Currently browsing tag

mortgage-corporation

No Sense in Keeping the GSEs Undercapitalized

WASHINGTON, Dec. 15, 2014 /PRNewswire/ — The Community Mortgage Lenders of America (CMLA) today called on Treasury Secretary Jack Lew and chief GSE regulator Mel Watt to take immediate action to cure the under-capitalization of both the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (GSEs). In a December 10, 2014 letter to the Federal Housing Finance Agency …

Home Capital Mortgage Book Swells as Banks Balk

Home Capital Group Inc. (HCG) , Canada ’s largest non-bank mortgage lender, is picking up loans banks are shunning amid tighter lending regulations. The company reported originations rose 28 percent to C$2.6 billion ($2.3 billion) in the third quarter from a year ago.