For those facing financial hardship, the Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers to defer up to six months of mortgage payments.
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According to the Consumer Financial Protection Bureau, a new analysis of nearly half a million complaints reveals ongoing challenges, as TransUnion, Experian, and Equifax top the list of complaints.
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The latest OCC Mortgage Metrics Report found that 97.2% of mortgages included in the report were current and performing at the end of Q3 2022. Click through to learn how this compares to last year’s metrics.
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