Hensarling and Shelby said campaigns that criticize the open and competitive NPL sales process are “based on a false notion that doing so is somehow contrary to the goal of ‘neighborhood stabilization.’”
Read More »FHFA to Get Off the Fence on Principal Relief
FHFA has been considering the possibility of offering principal reduction to underwater homeowners since long before Mel Watt became Director of the Agency two years ago. Why have they taken so long to make a decision?
Read More »FHFA: Debt Reduction is ‘Still Under Consideration’
The Federal Housing Finance Agency said it was looking for a "responsible solution" to the issue of mortgage debt reduction.
Read More »Top 10 Housing Markets Where Home Prices Have Recovered Most
Since the Great Recession, home prices have been fighting their way back to peak levels reached prior to the crisis and some markets' home prices have more than recovered.
Read More »Fannie Mae and Freddie Mac Make First Contribution to Housing Trust Fund
The money will go toward providing construction and rehabilitation of affordable rental housing units for low-income families.
Read More »GSEs’ Expenses Are Way Up; Where Did the Money Go?
Fannie Mae and Freddie Mac returned to profitability in 2012. Since then, their net expenses have increased by more than $1 billion combined.
Read More »FHFA Targets Hardest Hit Markets with Neighborhood Stabilization Efforts
The number of REO properties has substantially declined over the last few years, but it remains elevated in some pockets,
Read More »They’ve Come a Long Way: FHFA Details Progress of Non-Performing Loan Sales
The year 2015 was a landmark one for the GSEs as they ramped up programs to excise non-performing loans from their single-family portfolios.
Read More »Lawmakers to HUD and FHFA: Get with the Program
A group of 45 members of the U.S. House of Representatives have asked housing regulators to make improvements to the way the government handles the sales of non-performing loans. What did they request?
Read More »Treasury: Recap and Release Not Happening
While a recent speech by FHFA Director Mel Watt has fueled speculation that Fannie Mae and Freddie Mac will be recapitalized and the conservatorship will end, Treasury said that no policy change is imminent.
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