Consumer Financial Services Law Blog
Dykema Gossett PLLC
Dykema Gossett PLLC

Consumer Financial Services Law Blog

Consumer Financial Services Law Blog

News and analysis regarding Consumer Financial Services litigation and regulation, and activities of the Consumer Financial Protection Bureau


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Showing 1 post in Secured Lending.

FHFA Director Mel Watt Previews Upcoming Changes to GSEs' Lending Standards

Federal Housing Finance Agency (FHFA) Director Mel Watt recently gave a speech at the Mortgage Bankers Association’s Annual Convention.  In his remarks, Director Watt previewed forthcoming revisions to GSEs’ lending standards.  These revisions have been long advocated by the mortgage banking industry which has complained that the threat of repurchases by Fannie Mae and Freddie Mac caused lenders to impose restrictive credit standards, which in turn has caused tight credit conditions.  Director Watt highlighted the following upcoming revisions to the GSE lending standards: Read More ›