...Enterprises), and the Federal Home Loan Banks. Prior to joining FHFA, Thompson worked at the Federal Deposit Insurance Corporation (FDIC) for more than 23 years, serving in various roles such...
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Examining Mortgage Resolutions, Forbearances, and Delinquencies
...calculated the average declines in principal and interest (P&I) payments and for the full mortgage payments that include escrows, generally made up of principal, interest, taxes, and insurance (PITI). The...
Read More »HUD Grants Assistance For Maine Disaster Survivors
...mortgage insurance available - HUD's Section 203(h) program provides FHA insurance to disaster victims whose homes were destroyed or damaged to such an extent that reconstruction or replacement is necessary,...
Read More »GSE Transfers Nearly $2B of Mortgage Credit Risk to Insurers
Fannie Mae has announced the execution of its second and third Credit Insurance Risk Transfer (CIRT) transactions of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk...
Read More »White House Aims to Advance Equity in the Appraisal Process
...W. Bowman Chairman of the Federal Deposit Insurance Corporation (FDIC) Jelena McWilliams Chairman of the National Credit Union Administration (NCUA) Todd Harper Acting Director of the Federal Housing Finance Agency...
Read More »AAG Names New Chief Administrative Officer
...is a financial services industry veteran, bringing over 30 years of experience and deep domain and business acumen in the strategic industry verticals of banking, lending, insurance and customer experience,"...
Read More »The Week Ahead: Five Star Webinars Address Return of Foreclosures
...Session: Strengthening Oversight and Equity in the Appraisal Process (Thursday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S. Department of Labor's Unemployment Insurance Weekly Claims Report (Thursday) Joint Center for...
Read More »Bipartisan Measure Introduced to Bring Transparency to Flood Insurance Pricing
...cost of insurance for new construction, without compromising proprietary information. FEMA’s Risk Rating 2.0 raises flood insurance premiums on those who depend on NFIP to protect their homes from natural...
Read More »Lenders Ease First-Time Buyer Jitters
...insurance. Increased education from lenders about first-time homebuyer programs may also ease the burden for the 46% of respondents and 51% of younger millennials ages 26-33, that said saving for...
Read More »Senate Banking Committee Approves Nomination of Thompson as FHFA Director
...the Federal Deposit Insurance Corporation (FDIC), for more than 23 years in a variety of leadership positions, most recently as Director, Division of Risk Management Supervision. During her time at...
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