Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship.
Read More »GSEs Launch Mortgage Deferment Programs
Here's what else Fannie Mae and Freddie Mac are doing to assist borrowers impacted by COVID-19.
Read More »Senate Leaders Reach Deal on $2T Stimulus Package
The proposed deal, which still needs approval by the House, would send direct payments to homeowners nationwide.
Read More »Possible $2.5T Stimulus Bill Brings Optimism
Click through to see how a new proposal by Speaker of the House Nancy Pelosi would impact mortgage payments.
Read More »Applying Previous Lessons to Mortgage Servicing’s COVID-19 Response
Following 2008, the U.S. mortgage servicing infrastructure was strengthened, and now those changes are going to be put to the test.
Read More »Fed, Treasury, GSEs Work to Enhance Liquidity, Credit
The Federal Open Market Committee said Monday that it would purchase mortgage-backed securities “in the amounts needed” to support the economy.
Read More »Richard Cordray on Protecting the CFPB
In an article, the inaugural CFPB Director defended the Bureau’s position, defending the law protecting the Director from being fired by the President without cause
Read More »NMSA Proposes COVID-19 Response to Ensure Liquidity, Stability
To address concerns and to introduce ways to mitigate the unintended consequences of announced foreclosure moratoriums, the National Mortgage Servicing Association announced a proposal to ensure that the up to $100 billion in liquidity necessary to provide payment relief for up to 12 million Ginnie Mae homeowners is secured.
Read More »Regulators and Lawmakers Accelerate Coronavirus Response
FHFA Director Mark Calabria clarified that homeowners seeking forbearance will not see a negative impact to their credit scores.
Read More »HUD, FHFA Clarify Timeline for Foreclosure and Eviction Suspensions
Hours after President Trump announced a suspension of foreclosures and evictions for mortgages backed by HUD and FHFA, official statements clarified that the policy will extend at least 60 days, contrary to earlier reporting.
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