Tag Archives: FHFA

FHFA Director Mel Watt last week announced a program offering principal reduction to help delinquent borrowers avoid foreclosure. Will the program affect servicers' bottom lines, and if so, how much?

The enhancements may not be the changes the advocates and lawmakers were looking for, but they are still aimed at achieving the best borrower outcomes.

For seriously delinquent, underwater homeowners struggling through the murky aftermath of the financial crisis, help is on the way in the form of a gift from the Federal Housing Finance Agency.

Nonbank servicers are now servicing nearly a quarter of all residential mortgage loans in the country.

Schneiderman joins the growing list of those calling for mortgage relief.

On March 22, Mel Watt said the FHFA would make a decision within 30 days on whether or not to offer principal reduction on mortgage loans. Some housing advocates don't want to wait that long, however.

Three weeks ago, the GSEs announced their first contribution to the NHTF after more than a seven-year suspension. The contribution was not without controversy, however.

The report from the FHFA Office of the Inspector General covered an 18-month period from early 2013 to mid-2014.

Despite the hesitancy of the administration on GSE reform, the time to have a conversation about the topic is now, according to a group of analysts.

With HAMP set to expire at the end of this year, how much of an effect has the program had on GSE-backed loans?