Warren, Tillis look to enforce GSE salary caps

That’s true even though members make “only” $174,000 a year, largely because many of them are wealthy before they’re elected. In fact, salary isn’t the top source of income for a large group of these lawmakers: Their pay is outstripped by the interest.

Consumer outlook not to blame for slowing existing-home sales Flagstar CEO: We’re not ‘just a mortgage company’ Mortgage Rates Just Had Another Awesome Week. As an industry we don’t want headlines about the Department of. Employment and Company Events "At Mr. Cooper, we’re excited about the.The 2017 YTD figure is annualized, and based on latest figures: April’s jobs and March’s home sales. Sources: US Dept. of Labor (BLS), NAR. Indeed, existing home. slow, but steady, recovery in home.

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WASHINGTON – Two members of the Senate Banking Committee have introduced bipartisan legislation to enforce the salary caps of the chief executives at the mortgage giants Fannie Mae and Freddie Mac. Sens. Elizabeth Warren, D-Mass., and Thom Tillis, R-N.C., have introduced the Respect the Caps Act, which would explicitly bar Fannie and Freddie from transferring [.]

Warren, Tillis look to enforce GSE salary caps A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.

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A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.

Democratic Rep. Henry cuellar (texas) told “fox news Sunday” that his party would likely support “some sort of enhanced barrier,” but not a “wall.” Cuellar told host Chris Wallace, “First of all, we are not going to have a wall.” He also called walls a “14th-century” solution. “Now, we can look at some sort of

Toronto housing continues slowdown with August price drop Buyers return to Toronto’s housing market The latest numbers from the Toronto Real Estate Board reveal a total of 7,492 homes sold in October. An increase of 6 per cent, while prices rose 3.5 per cent, to an average of $807,340. The MLS Home Price Index, which measures the overall value of homes sold, also rose 2.6 per cent, mainly fueled by activity in the condo sector.More high-end deals targeted by revised anti-fraud reporting rule What: A press conference to announce three prong federal-state, public-private initiative to tackle online auction fraud. The event kicks off National Consumer Protection Week, which this year focuses on safe shopping from home.One57 foreclosure shatters price dreams at billionaires’ tower Even billionaires are not immune to foreclosures as witnessed by a luxury condo at Manhattan’s One57 that is slated for the foreclosure block. According to a report by Bloomberg, this is the second time in a month that foreclosure has raised its head at the billionaires’ row tower following a mortgage default.

GSE reform Hannah Lang May 14 Bill would prevent Congress from using g-fees as budget tool Two senators, a Republican and a Democrat, have revived legislation that would prohibit Congress from using certain fees collected by Fannie Mae and Freddie Mac to offset unrelated government spending.