Browsing: Mortgage
ABA Supports Proposed Rule Enhancing Approval Process Transparency For GSE Products
The American Bankers Association submitted a comment letter today supporting a proposed rule by the Federal Housing Finance Agency on the process of approving GSE enterprise products.
GSEs Release ‘Duty to Serve’ Plans
The Federal Housing Finance Agency today outlined how Fannie Mae and Freddie Mac will work to improve the distribution and availability of safe and sound residential mortgage financing in underserved markets in 2021.
ABA Urges CSBS to Align Standards for Nonbank Mortgage Servicers With Federal Regulators
The American Bankers Association submitted comments to the Conference of State Bank Supervisors last week urging that state regulators align prudential standards for nonbank mortgage servicers with those of the federal banking agencies.
Top Bank Risks for 2021
A global pandemic, a struggling economy and a new administration throw wrenches into risk managers plans for the year ahead.
FHFA Proposes Rule Requiring GSE Resolution Planning
A new rule proposed by the Federal Housing Finance Agency today would require Fannie Mae and Freddie Mac to develop resolution plans to facilitate their rapid and orderly resolution in the event that the FHFA is appointed receiver.
FHFA Proposes New Liquidity Rules for Fannie, Freddie
The Federal Housing Finance Agency today proposed new liquidity and funding requirements for Fannie Mae and Freddie Mac.
OCC: Mortgage Performance Declines in Third Quarter
The share of current and performing first-lien mortgages in the third quarter of 2020 was 92.5%, down from 96.4% a year ago, according to the Mortgage Metrics Report released by the OCC today.
Fannie, Freddie 2021 Affordable Housing Goals to Remain Unchanged
The Federal Housing Finance Agency yesterday announced Fannie Mae and Freddie Mac’s 2021 affordable housing goals would remain the same as during the 2018-2020 period.
FHFA: Fannie, Freddie Sold More than 128,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 128,471 nonperforming loans as of June 30, 2020,…