ABA Urges FHFA to Revisit FHLB Ban on Captive Insurers
As the Federal Housing Finance Agency weighs a rulemaking process on Federal Home Loan Bank membership eligibility, the American Bankers...
Mortgage
CFPB Proposes Changes to QM Rule, Extension for Temporary ‘GSE Patch’
The Consumer Financial Protection Bureau today took a significant step to revise its Qualified Mortgage rule, issuing a proposal to...
FHFA Extends Foreclosure, Eviction Moratorium for GSE-Backed Mortgages
The Federal Housing Finance Agency announced today that it would extend—through August 31 at a minimum—a moratorium on foreclosures and...
Freddie Mac Sees Encouraging Housing Data as Pandemic Recovery Begins
Home purchase applications have begun to rebound from April lows, reaching the second highest weekly level of the year in...
OCC: Mortgage Performance Holds Steady Year-on-Year
The share of current and performing first-lien mortgages in the first quarter of 2020 was 96.5%, up slightly from 96.2%...
FHFA Calls on Congress to Pursue Housing Finance Reform in Annual Report
In the Federal Housing Finance Agency’s annual report to Congress today, the agency outlined several legislative steps it is seeking...
Calabria ‘Encouraged’ By Incoming Housing Market Data
Testifying before the Senate Banking Committee today, FHFA Director Mark Calabria said that he has been “encouraged” by incoming data...
FHA Announces Temporary Policy for Insuring Mortgages in COVID-19 Forbearance
The Federal Housing Administration yesterday announced a temporary policy for lenders to obtain FHA insurance endorsements on mortgages where the...
CFPB Proposes Reg Z Changes for Libor Transition
As part of the planned transition away from the London Interbank Offered Rate—which is not guaranteed to be available after...
FHFA Finalizes Changes to FHLB Housing Goals
The Federal Housing Finance Agency today finalized several changes to the housing goals for the Federal Home Loan Banks.
