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28 10, 2021

Daily102821

2023-06-05T10:44:46-04:00October 28th, 2021|2- Daily Briefing|

Senate Democrats, Even Republicans Press Bigtech Consumer Protection
Senate Banking’s hearing with CFPB Director Chopra today largely rehashed the issues raised yesterday in HFSC (see Client Report CONSUMER37).

Buffers, NBFI Resilience, GSIB Resolution Remain Top FSB Priorities
The FSB’s final report today on pandemic lessons largely reiterates what it has been saying since the pandemic started.

Daily102821.pdf

24 09, 2021

GSE-092421

2023-08-03T11:07:28-04:00September 24th, 2021|4- GSE Activity Report|

Twenty Years Long and What Do You Get?

According to a group of Senate Democrats, the answer to this question for a new class of federally-backed mortgages is “out of debt.” A new bill thus creates 20-year FRMs with 30-year FRM amortization schedules for low-income, first-generation borrowers. Treasury would then make up the difference to lenders and investors.

GSE-092421.pdf

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