Government

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), has vowed to hold credit bureau Equifax accountable for repeated slights against American Consumers in an open letter published Aug. 10.  The letter follows recent news that Equifax sent ...

The U.S. Department of Housing and Urban Development (HUD) has announced that it will make $10 million available in Rural Capacity Building grants. The Rural Capacity Building (RCB) program enhances the capacity and ability of rural housing development organizations, Community ...

The Consumer Financial Protection Bureau (CFPB) confirmed in a circular published today that financial companies may violate federal consumer financial protection law when they fail to safeguard consumer data. The circular provides guidance to consumer protection enforcers, including examples of ...

Twenty-five-plus-year audit executive to join GSE to monitor key risks assessments, and replace the retiring J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive.

In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the life of the loan. 

The Chairman of the House Financial Services Committee, Maxine Watters, has authored a public letter with the backing of 76 of her Democratic colleagues in the House of Representatives, the Board of Governors of the Federal Reserve, the FDIC, and ...

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.

The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide approximately $2.8 billion in competitive funding to homeless services organizations across the country for supportive services and housing programs for people experiencing homelessness. The funding ...