Nonetheless, Fannie and Freddie's Q2 results show that the pandemic's impact continues to be felt across several metrics.
Read More »Congress Members Call for Pause on GSE Capital Framework
A letter sent to FHFA Director Mark Calabria outlines their concerns that stakeholders will not have enough time to respond by the August 31 deadline.
Read More »Kathleen Kraninger Provides CFPB Update to Congress
CFPB Director Kraninger defended the Bureau's record of enforcement actions under her tenure, saying, "the number of investigations ongoing has increased.”
Read More »Fannie Mae Offers Two New Single-Family Green MBS Issuances
The Green Bond program has generated roughly $40 million in transactions in its first three months.
Read More »Industry Reaction: Dana Wade Confirmed as Federal Housing Commissioner
HUD Secretary Dr. Benjamin Carson said, "Dana has been a tremendous asset to the Department and the Administration throughout her years of service, and I have full confidence in her ability to successfully lead FHA."
Read More »Working to Prevent HECM Foreclosures
The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages.
Read More »Industry Reacts to HUD’s Termination of Obama-Era Housing Regulation
While critics voiced displeasure with the decision to end the Affirmatively Furthering Fair Housing Act, HUD Secretary Dr. Benjamin Carson said, "We want to do things that make sense.”
Read More »CRT Securities Investors Face Potential Losses
A new report says some within the industry are calling for FHFA to shield them from losses they will incur due to mortgage forbearances amid the pandemic.
Read More »HUD to Terminate Affirmatively Furthering Fair Housing Regulation
HUD Secretary Dr. Benjamin Carson said the Obama-era regulation was “unworkable and ultimately a waste of time” for many cities.
Read More »Financial Services Committee Discusses HEROES Act
The bill, which includes nearly $2 billion in assistance for renters and homeowners, was approved by the House of Representatives two months ago. However, what led to a committee member calling the meeting a “waste of time.”
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