The Supreme Court denies a request to invalidate the CDC's eviction moratorium, and the GSEs issue loan modifications to ease borrowers' pandemic-related financial stresses.
Read More »Lower-Income Households Face ‘Pronounced Adversity’ As Moratoria Expire
The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place following the declaration of the coronavirus pandemic. The announcement left ...
Read More »Economist on Housing Unaffordability: Likely to Worsen Before Improving
While today's market strongly favors the seller, data and analysis show that doesn't necessarily mean one should not "buy now if you can find it."
Read More »More Than 2 Million Borrowers Remain in Forbearance Plans
"We should all be expecting more activity one way or another as we near the 4th of July," analysts say.
Read More »Secretary Fudge Proposes Reinstating 2013’s Discriminatory Effects Rule
Housing Secretary Marcia Fudge says, "it's a new day at HUD," as she submits a proposal seeking to replace a 2020 rule that makes it more difficult to prosecute discrimination cases.
Read More »Freddie Mac Names New Board Member
Freddie Mac today announced that Alberto G. Musalem has, as of June 17, joined its Board of Directors. Musalem is CEO, Co-Chief investment officer, and a founder of Evince Asset Management LP, a company developing portfolio technologies for investors and ...
Read More »Feds Grant Extension on Foreclosure and REO Eviction Moratoria
Both the Federal Housing Finance Agency (FHFA) and the Center for Disease Control (CDC) Thursday announced one-month extensions to COVID-related moratoria on foreclosures and evictions. Those were set to expire at the end of the month. The FHFA foreclosure moratorium ...
Read More »Industry Reacts to New Acting FHFA Director
Thompson, who has overseen FHFA’s housing and regulatory policy, capital policy, financial analysis, and fair lending activities since 2013, pledges "laser focus" on "community investment."
Read More »A Look at What Drove Up May’s Delinquency Rate
Even as the number of seriously delinquent mortgage loans improved, the overall percentage of borrowers behind on payments has increased, according to researchers.
Read More »Biden Dismisses Calabria as FHFA Head
The Court on Wednesday ruled that the leadership structure of the Federal Housing Finance Agency is unconstitutional and that the President can remove FHFA Director Mark Calabria at will rather than having to wait until 2024 for Calabria's five-year term to end.
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