Government

Nonetheless, Fannie and Freddie's Q2 results show that the pandemic's impact continues to be felt across several metrics.

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.

CFPB Director Kraninger defended the Bureau's record of enforcement actions under her tenure, saying, "the number of investigations ongoing has increased.”

The Green Bond program has generated roughly $40 million in transactions in its first three months.

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."

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.

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.”

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.

HUD Secretary Dr. Benjamin Carson said the Obama-era regulation was “unworkable and ultimately a waste of time” for many cities.

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.”