Treasury’s point man on GSE reform stepping down

Speaking in Washington on Thursday, he said, “We’re almost at a now-or-never moment here" with respect to GSE reform. Bloomberg News Laying out. an analyst at Compass Point Research & Trading..

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finupance.com – Latest Finance News – Banking News – Reserves’s point man on GSE reform stepping down &nbspCraig Phillips, who has been rising the Trump handing out’s plot to help free Fannie Mae and Freddie Mac from conservatorship, will leave Reserves next month.

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The capital rule being floated by Fannie Mae and Freddie Mac’s regulator and conservator could make a big difference when it comes to both GSEs’ financials. While each GSE currently is allowed to hold a $3 billion capital buffer, the rule proposed to prepare for the day when the two companies could be released from conservatorship would target their combined capital at well over $100 billion.

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Treasury’s point man on GSE reform stepping down Slower growth doesn’t dim Fannie and Freddie mortgage outlook. Secretary Steven Mnuchin who led the Trump administration’s push to reform the government-sponsored enterprises is stepping down, according to people familiar with the matter..

Treasury’s point man on GSE reform stepping down . May 16 Treasury offers minority-owned banks lifeline, and JPMorgan pitches in. May 15 Trending. Slowdown, CRE, BB&T-SunTrust: What has bankers on edge. As CFPB mulls privatizing database, consumer complaints mount.

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In an op-ed for American Banker in January 2016 while serving at Cato, Calabria lamented lawmakers’ inaction on enacting GSE reform through legislation. exposed to the housing market than any other.