General World News

Treasury holds the cards on paused investor property and cash window caps

When it comes to continuing suspensions of policies that roiled the mortgage market in 2021, the ball is now in the U.S. Treasury‘s court.

The Federal Housing Finance Agency and Treasury agreed in September 2021 to end limits imposed by the Trump administration on overall volume and the kind of mortgages lenders’ could sell to Fannie Mae and Freddie Mac. The limits, set in January 2021 by then-FHFA Director Mark Calabria and Treasury Director Steven Mnuchin, had infuriated the mortgage industry, and was one of the first items Sandra Thompson tackled after she details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com