Home / News / Government (page 2)

Government

How Housing Policy Can Advance Racial Equality

While COVID-19’s hardly at the root of housing challenges, the pandemic compounded them—a signal that another housing crisis can be expected for homeowners, renters, and rental property owners, according to a report from the Urban Institute. In the eye of ...

Read More »

What Marcia Fudge’s Appointment Might Mean for HUD

Since President-elect Joe Biden nominated Ohio Rep. Marcia Fudge for Secretary of the Department of Housing and Urban Development (HUD), members of the housing industry, and Fudge herself, have reacted. Via Twitter, following the nomination, Fudge said, "This pandemic, the ...

Read More »

Mnuchin Addresses GSEs and Conservatorship

The Treasury Secretary of the United States says Freddie Mac and Fannie Mae will remain government-sponsored throughout the remainder of Donald Trump's presidency, leaving President-elect Joseph Biden to decide the enterprises' fates. Wall Street Journal and Bloomberg report that the ...

Read More »

Possible Solutions for Borrowers Unable to Make Payments

urban, city, housing, homes, community

Based on its recent research and panel discussions, the Urban Institute on Friday published "Three Ways to Help 3.2 Million Struggling Homeowners." The Institute has discovered that while some 3.7 million homeowners, as of November, had resumed mortgage payments and ...

Read More »

MBS Represent ‘Strong Source of Capital’ for Homeowners

Ginnie Mae on Tuesday announced that mortgage-backed securities (MBS) have continuously been a "strong source of capital for America's homeowners." The company, which funds government-backed loans, reports more than $76.2 billion of securities issued in November, the fifth consecutive month ...

Read More »

Industry Leaders Discuss GSE Privatization

The U.S. House Committee on Financial Services Chairwoman Maxine Waters has been a staunch voice advocating on behalf of, in her words, "current homeowners, renters, potential owners, and more than 19 million prospective millennial homeowners." To that end, Waters Friday ...

Read More »

FHFA Extends Foreclosure Moratorium

foreclosures

FHFA Wednesday announced the fourth extension of its foreclosure and eviction moratorium through "at least" January 31. This extension will continue the moratorium on single-family foreclosures and real estate owned (REO) evictions until at least January 31, 2021, according to ...

Read More »

FHA Raises Single-Family Loan Limits

low income households

Federal Housing Administration (FHA) announced higher loan limits for 2021. The guidelines apply to the administration's Single Family Title II forward and Home Equity Conversion (reverse) Mortgage insurance programs. The rise in loan limits correlates with nationwide home price appreciation ...

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.