Sunday , 29 November 2020

DS News

DS News

Fannie Mae and Freddie Mac CEOs Receive Multi-Million Dollar Pay Increases

By Brian Honea The SEC outlined that Fannie Mae and Freddie Mac CEOs’ direct compensation will consist of an annual base salary of $750,000, fixed deferred salary at an annual rate of $2.05 million, and at-risk deferred salary with an annual target amount of $1.2 million, totaling $4 million. The post Fannie Mae and Freddie Mac CEOs Receive Multi-Million Dollar …

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DS News Webcast: Wednesday 7/1/2015

By Jordan Funderburk The average level of guarantee fees charged on GSE-backed loans has increased by two-and-a-half times from 2009, according to the FHFA’s report titled Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2014 released Tuesday. The report is an analysis of the GSEs of fees by product type, risk class, and the volume of a … The …

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CFPB Director Cordray to Testify In Full Senate Banking Committee Hearing July 15

By Brian Honea In the last couple of weeks, the CFPB has been under fire for alleged discrimination against its employees and subsequent retaliation against the whistleblowers. Two of the whistleblowers testified last week in a subcommittee hearing in the House Financial Services Committee. The post CFPB Director Cordray to Testify In Full Senate Banking Committee Hearing July 15 appeared …

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Fannie Mae’s Gross Mortgage Portfolio Dips Below $4 Billion

By Brian Honea In May, the GSE’s gross mortgage portfolio shrank at a compound annualized rate of 25.9 percent, from $405.1 billion down to $395.1 billion. It was the first time since before the conservatorship began in September 2008 that the value of the gross mortgage portfolio dipped below $4 billion. The post Fannie Mae’s Gross Mortgage Portfolio Dips Below …

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National Groups File Briefs Supporting MetLife’s Suit to Have ‘Too Big to Fail’ Tag Removed

By Brian Honea The National Association of Insurance Commissioners (NAIC), the American Council of Life Insurers (ACLI), the Academic Experts in Financial Regulation (AEFR), and the U.S. Chamber of Commerce all filed briefs backing the New York-based global insurance provider’s attempt to remove the SIFI tag. The post National Groups File Briefs Supporting MetLife’s Suit to Have ‘Too Big to …

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Shapiro & Ingle Adds Four New Attorneys

By Brian Honea Default servicing law firm Shapiro & Ingle, with offices in Alabama, North Carolina, and Tennessee, has announced the addition of four new attorneys – William Harris, Megan Hawn Gilbert, Candace Turner, and Erin Roberts – to the firm. The post Shapiro & Ingle Adds Four New Attorneys appeared first on DSNews. Via:: Shapiro & Ingle Adds Four …

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