Tag Archives: Federal Reserve Board

Wells Fargo closes 2 more consent orders in quest to shed asset cap

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Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie. Continue reading →

The last housing finance roundup of 2019

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The federal government took a flurry of actions before the end of the year. Read Lew Sichelman’s latest column to catch up with housing finance news you might otherwise have missed. Continue reading →

President Trump’s tax cuts cost homeowners $1 trillion: Report

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Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading →