As FHFA notes, natural disasters could result in increased delinquency rates, default rates, credit losses, credit-related expenses, and loan loss frequency and severity.” The FHFA will accept feedback for its RFI through April 19.
Read More »FHFA’s Foreclosure and Eviction Moratorium Extended Again
The original expiration date was January 31. Here's the latest details on the moratoria from the FHFA and Director Mark Calabria.
Read More »Forbearance Volume Dips as Expirations Loom
How many homeowners remain in active forbearance plans, and how many of those continue remain current on their mortgage payments?
Read More »Fannie Mae Update: Mortgage Servicer Sentiment Amid Pandemic Challenges
This year's health and economic crises have challenged the industry, but how did servicers respond when asked how COVID's difficulties compare to those faced by the market during the 2008 financial crisis?
Read More »Fannie Mae: Consumer Housing Confidence Update
According to a new report, consumer opinions are shifting when it comes to buying and selling homes. Click through to read the GSE’s findings.
Read More »Fannie Mae Upgrades Predictions for 2021 Housing Market, Economy
Many factors have contributed to Fannie Mae’s updated prediction for end-of-year and 2021 growth. Stronger-than-expected data coming in, positive vaccine developments, and increased talks of additional stimulus have helped keep the economy moving ahead. Originally forecasted at negative 2.5%, full-year ...
Read More »FHFA Announces Milestone Toward Ending Conservatorships
The Federal Housing Finance Agency (FHFA) released a final rule to the Federal Register for publication today that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac, also known as the Enterprises. The final rule makes changes ...
Read More »Meet the New Chair of Fannie Mae’s Board of Directors
Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution appointing her Chair on October 28, and Bair will be starting ...
Read More »Fannie Mae: Property Preservation Strategies Amid COVID-19
Speaking at this week’s virtual 2020 National Property Preservation Conference, Jacob Williamson, VP for Single-Family Collateral Risk Management at Fannie Mae, offered insight into how the housing finance company has managed property preservation amid the COVID-19 pandemic. When COVID-19 shelter-in-place protocols were introduced this year, vendors and servicers maintaining properties faced major challenges. “We've observed ...
Read More »FHFA Updates Policy on Single-family Mortgages in Forbearance
The Federal Housing Finance Agency (FHFA) has announced a one-month extension of its temporary policy of allowing the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria as set by Fannie Mae and Freddie Mac. The policy, ...
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