Following misunderstanding about Freddie Mac’s rules for purchasing mortgages secured by group homes, the Department of Housing and Urban Development and the Federal Housing Finance Agency released a policy clarification.
The frothy housing market can create challenges for borrowers and lenders. Bankers can help by alerting borrowers up-front to the risks.
The Federal Housing Finance Agency proposed changes to the prescribed leverage buffer amount and the capital treatment of risk transfers under enterprise regulatory capital framework for Fannie Mae and Freddie Mac.
The Federal Housing Finance Agency and the Treasury Department today announced the suspension of changes to the preferred stock purchase agreements governing the conservatorships of Fannie Mae and Freddie Mac that were announced in January.
Here are five actions banks can take to stay out of trouble.
The Federal Housing Finance Agency today announced that Fannie Mae and Freddie Mac will be required to submit annual “equitable housing finance plans” by the end of the year.
Questions and answers from the July/August 2021 ABA Regulatory Policy and Compliance Inbox.
The Supreme Court yesterday invalidated the Centers for Disease Control and Prevention’s new eviction moratorium, ruling that those challenging the moratorium are “virtually certain to succeed on the merits of their argument that the CDC has exceeded its authority.”
The Federal Housing Finance Agency today updated its guidelines for adverse and non-adverse classification of assets at Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
Closed-end mortgage originations increased 65.2% in 2020, driven primarily by an increase in mortgage refinance loans, according to a new review of Home Mortgage Disclosure Act data released by the Consumer Financial Protection Bureau today.