The Director of the Federal Housing Finance Agency said Fannie Mae and Freddie Mac must be well-capitalized to support the market during a stressed environment.
Read More »FHA Proposes Revisions to Single-Family Servicing Policies
The Administrations said its proposals are designed to strengthen the servicers’ ability to “keep families experiencing financial challenges in their homes.”
Read More »OCC Debuts Program to Expand Financial Inclusion
Project REACh is designed to increase access to credit and capital for underserved communities. Click through to read more.
Read More »The Week Ahead: Financial Service’s Hearing on CARES Act
Next week, the House Committee on Financial Services will discuss how mortgage servicers have implemented the CARES Act. Also coming are reports by the U.S. Census Bureau and the NAHB.
Read More »Benefits of Updates to CWCOT Program
Auction.com provided information on how the new regulations will benefit property preservation companies and help grow CWCOT to more than 90%.
Read More »FHA, FHFA Announce Extended Assistance for Homeowners
The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...
Read More »Supreme Court to Address FHFA’s Constitutionality, Autodialers
The high court says it will hear questions regarding the Agency's single-director formation, which is similar to the CFPB's structure that was ruled unconstitutional earlier this month.
Read More »Deputy Director Named to CFPB
In response to the Supreme Court's ruling, the Bureau announced several executive changes. Click through to read more.
Read More »Future of GSEs’ Credit Risk Transfer Program Uncertain
Having remained apolitical since its inception, the Credit Risk Transfer program may now succumb to political pressure, according to a former Freddie Mac executive.
Read More »HUD Updates on CWCOT Enhancements
The FHA said this proposal will help make the program “more viable” for foreclosure sales associated with defaulted FHA-insured mortgages.
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