Government

Bureau appoints 22 new members to represent various districts of the Federal Reserve System, each member a recommendation by a President of a Federal Reserve Bank.

Narrowly avoiding cancelation and a total government shutdown, last-minute bipartisan legislation was passed calling for the continued funding of the NFIP for an additional 45 days, through mid-November.

As part of the GSE’s effort to reduce the size of its retained mortgage portfolio, Fannie Mae has sold two pools comprised of 1,500-plus loans totaling more than $235 million in unpaid principal balance.

Attorney Adam Diaz examines a recent case in Florida where a judgment was entered in favor of the mortgagors and against a major bank as the court denied foreclosure and rewrote the terms of the note and mortgage.

The U.S. Supreme Court heard opening arguments challenging the constitutionality of the Bureau’s funding through the Federal Reserve.

The GSE, in conjunction with research and consulting firm Pulsenomics, will produce a quarterly poll surveying more than 100 housing experts across the industry and academia to forecast future home price changes.

The FHFA’s latest Foreclosure Prevention and Refinance Report for the second quarter found that, to date, more than 6.8 million struggling homeowners have been assisted by Fannie Mae and Freddie Mac during conservatorship.

HUD enhances its commitment to working with the nation’s Hispanic communities to ensure access to affordable, fair, and safe housing and homeownership opportunities nationwide.

Three new appointees and three return to the committee that advises HUD on manufactured housing production, regulations, and administration of the Manufactured Housing Construction and Safety Standards Act.

"The higher interest rate environment had profound effects on the mortgage market in 2022, with borrowers paying much more in monthly payments,” said CFPB Director Rohit Chopra. Click through to read more on the CFPB’s analysis of 2022 HMDA data.