The American Bankers Association yesterday joined a broad coalition of housing and civil rights organizations in a letter urging lawmakers to include $25 billion in direct assistance to struggling homeowners in the next COVID-19 relief bill.
Acting Consumer Financial Protection Bureau Director Dave Uejio today signaled that the bureau may move to reconsider recent final rulemakings on Qualified Mortgages and debt collection.
Loan demand and standards for lending continued to stabilize in the fourth quarter of 2020 after the economic freefall caused by the COVID-19 pandemic in the second quarter.
The Federal Housing Finance Agency today issued a request for input seeking feedback on how climate change and natural disasters could pose risks to the housing finance system, Fannie Mae and Freddie Mac and the Federal Home Loan Banks.
As part of the ongoing effort to remove Fannie Mae and Freddie Mac from government conservatorship, FHFA and the Treasury Department last night announced that it would allow the GSEs to retain earnings until they meet the capital requirements established in the 2020 GSE capital rule.
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.
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.
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.
A global pandemic, a struggling economy and a new administration throw wrenches into risk managers plans for the year ahead.