FHFA Setting Capital Rules for Nonbank Mortgage Firms
The Federal Housing Finance Agency will require nonbank mortgage firms to meet minimum liquidity and net worth standards to curb risks to taxpayers from the rapidly expanding industry. News
Nonbank Mortgage Lenders Livid Over FHFA Watchdog Report
Nonbank mortgage lenders are chafing at a report from a government watchdog claiming they are less regulated than large banks and pose increased risks to Fannie Mae and Freddie Mac. Collections - Other Consumer
Nonbank Loan Sales to GSEs Skyrocket, and So Do Risks: Watchdog
Nonbank mortgage lenders pose greater risks to Fannie Mae and Freddie Mac because they have limited government oversight and generally weaker finances than banks, according to a government watchdog report. News
