The Learning Center

Our Learning Center ensures that every reader has a resource that helps them establish and maintain a competitive advantage, or leadership position. For instance, loan originators and brokers will have one-click access to resources that will help them increase their productivity. Search topics by category and keyword and generate free videos, webinars, white papers and other resources. If you would like to add your content to the learning center, please click here  or email Tim Murphy at [email protected].

Chris Frankie

Chris Frankie

How Lopping Off the Wrong Loan Products to Trim the GSEs’ Market Reach Could Undermine Affordable Lending

By Michael Stegman, a senior research fellow at the Joint Center for Housing Studies of Harvard University, and Richard Cooperstein, leader of the Model Risk Management at Andrew Davidson & Co.

Over the years, with the approval of their regulator/conservator, the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) put in place an opaque system of cross-subsidies that has enabled them to fund their statutory affordable lending obligations without direct aid from Congress.

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Trump to Nominate FHA Head to No. 2 HUD Job

President Trump has announced that he plans to nominate Brian Montgomery, the commissioner of the Federal Housing Association, to be deputy secretary at the Department of Housing and Urban Development. So reports Bloomberg.

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VA Refunds $400M in Mortgage Fees

The U.S. Department of Veterans Affairs has refunded more than $400 million to veterans who may have overpaid on their VA home loans. So reports the Military Times.

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