Tag Archives: FHFA

FHFA Director, Dr. Mark. A. Calabria, said this new measure “provides certainty for families” impacted by the outbreak of COVID-19.

Click through to find out when borrowers in forbearance can repay mortgages due to COVID-19.

In this episode of DS5: Inside the Industry, Thomas Wade, Director of Financial Services Policy for the American Action Forum discusses the next steps for Fannie Mae and Freddie Mac.

FHA Commissioner Brian Montgomery adding the agencies began working together at “immediate onset” of the pandemic.

Click through to see how regulators are attempting to keep the housing market functioning during the COVID-19 pandemic.

Kate Fulton will join FHFA as Chief Operating Officer on May 26, 2020. She currently serves as COO at the CFPB, iwth previous experience at the Department of Homeland Security, U.S. Customs and Border Protection, and at a law firm representing federal employees.

The Federal Housing Finance Agency will be approving the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria by Fannie Mae and Freddie Mac.

The Agency will now allow a servicer to advance up to four months of missed payments on loans. How will this impact mortgages of borrowers impacted by COVID-19?

Dr. Mark A. Calabria said of the announcement, “No one should be worried about losing their home.”

The FHFA’s report found that 50% of the actions taken during the month were for loan modification. Click through to read more on the report.