How much could the federal government and the GSEs make from this penalty? Click through to find out.
Read More »$200B in Housing Assistance Included in Proposed HEROES Act
The $3 trillion legislation expands on many of the provisions approved in the CARES Act, which offered relief to millions of renters and mortgage holders.
Read More »Fed Official: More Monetary Policies Available
Financial Services Committee Chair Maxine Waters said recent actions are coming from the “old playbook” as homeowners are looking for relief from the coronavirus.
Read More »Congress Passes Stopgap Spending Bill to End Government Shutdown
6:24 p.m. CST The House has voted and approved stopgap spending bill to fund the government through February 8. The measure now heads to President Trump's desk for final sign-off. __________________________________ 4:08 p.m. CST Several hours after voting to end debate on ...
Read More »Report: Bank, Government Unlikely to Reach Settlement Over Mortgage Fraud Claims
Settlement talks between Wells Fargo and the U.S. government over alleged mortgage insurance fraud have stalled, according to a media report.
Read More »Virginia Man Sentenced for Hacking Fannie Mae-Run Website
A Virginia man has been sentenced for illegally accessing government servers that hosted a Fannie Mae website used to support federal mortgage loan modification programs, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) announced on Friday.
Read More »Judge Dismisses Investors’ Claims in GSE Profits Lawsuits
A judge in the U.S. District Court for the District of Columbia dismissed claims investors made against the federal government regarding the distributing of GSE profits, according to a report by Reuters.
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