Browsing: Mortgage

Mortgage FHFA to allow COVID forbearance for ‘rep and warrant’ relief

Fannie Mae and Freddie Mac will extend their representation and warrant policies for loans affected by natural disasters to also cover mortgages that have successfully exited a COVID-19 forbearance plan, the Federal Housing Finance Agency Director Sandra Thompson announced.

Mortgage OCC releases second quarter mortgage report

The OCC released the second quarter Mortgage Metrics Report, which showed that 97.3% of first-lien mortgages in the federal banking system were current and performing at the end of the quarter, compared with 97.6% in Q1.

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