Click through to find out what the Office of the Comptroller of the Currency's plan for servicers and lenders is beyond the coronavirus pandemic.
Read More »130M Americans Receive Coronavirus Relief Payments
The U.S. Department of the Treasury announced it has sent out more than $218 billion in less than five weeks, while the Department of Housing and Urban Development committed another $1 billion to assist homeowners.
Read More »Freddie Mac Transfers Risk on $140.7B in Mortgages
Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred a portion of the credit risk on $1.6 trillion in mortgages.
Read More »House Committee Proposes Debt Collection Prevention
The proposed legislation also includes a ban on foreclosure and debt collection as well as direct payments.
Read More »Treasury Delivers Update on Residential Investment
The report from Beth Hammack, Chair, Treasury Borrowing Advisory Committee and Daniel Dufresne Vice Chair, Treasury Borrowing Advisory Committee includes data on the state of residential investment
Read More »Ed Delgado: ‘Pettiness of Politics’ Eroding Confidence in Mortgage
The House Financial Services Committee sent a letter to some of the nation's largest lenders requesting information on how it communicated relief options to its borrowers. Click through to see what they were asking for.
Read More »Senate Weighs Federal Housing Commissioner Nominee
Dana T. Wade was before the U.S. Senate Banking Committee Tuesday for a nomination hearing. She said, if confirmed, she would work to help the nation emerge from COVID-19 “a more prosperous economy.”
Read More »FHFA Extends Mortgage Flexibilities
Click through to see how regulators are attempting to keep the housing market functioning during the COVID-19 pandemic.
Read More »Former CFPB Director Discusses Bureau’s Response to COVID-19
Richard Cordrary says the Bureau should be doing more to help consumers during this pandemic. Click through to read more.
Read More »GSEs Report Coronavirus-Driven Income Loss
Here's how Fannie Mae and Freddie Mac assisted servicers and borrowers in the first quarter despite lost revenue.
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