Banks currently apply a 250% risk weight to MSRs, while mortgages held on balance sheets generally receive a standard 50% risk weight. While regulators intended these requirements to limit excessive bank concentration... Read more »
Others, however, are likely to face significant legislative hurdles. Proposals involving penalty-free 401(k) withdrawals and restrictions on institutional homebuyers would require congressional action, industry experts say. In particular, a ban on large... Read more »
Ideas cited by the Brookings Institution from the Progressive Policy Institute, the American Enterprise Institute (AEI) and the Cato Institute all recommend shifting the program away from its current wage-replacement structure toward... Read more »
Despite much of the political oxygen in Washington regarding housing issues being taken up by President Joe Biden and the White House, Republicans got their first major opportunity to offer an alternative... Read more »
President Joe Biden entered the chamber of the U.S. House of Representatives on Thursday night, filing past a narrowly divided Congress during an election year and preparing to give a State of... Read more »