Agencies to Temporarily Defer Appraisals, Evaluations for Real Estate Transactions
The federal banking agencies issued an interim final rule this evening allowing financial institutions to temporarily defer appraisals and evaluations...
Mortgage
GSEs Revise URLA Implementation Timeline
Due to the coronavirus pandemic, Fannie Mae and Freddie Mac have extended the implementation timeline for the redesigned Uniform Residential...
Ginnie Mae Expands Pass-Through Assistance Program to Prevent Liquidity Shortfalls
Ginnie Mae has released guidance on its previously announced liquidity support program, which issuers can request an advance from Ginnie...
Fannie, Freddie Revise Coronavirus Servicing Guidance to Reflect CARES Act Changes
Fannie Mae and Freddie Mac have issued updates to their servicing guidelines for servicers working with borrowers affected by the...
Regulators Offer Flexibility to Servicers Offering Mortgage Forbearance Options
Financial regulators on Friday issued a joint policy statement granting flexibility to mortgage servicers to work with borrowers struggling as...
Fannie, Freddie Transfer $115B in Credit Risk
Since the Federal Housing Finance Agency launched a credit risk transfer program for Fannie Mae and Freddie Mac in 2013,...
FHA Announces COVID-19 Relief for Borrowers
The Federal Housing Administration yesterday announced relief for FHA mortgage borrowers unable to make payments because of the coronavirus pandemic.
FHFA Grants GSEs Loan Processing Flexibility
The Federal Housing Finance Agency today took action to grant additional flexibility to Fannie Mae and Freddie Mac to help...
Ginnie Mae Announces Plans to Intervene in Agency MBS Market
With many borrowers now taking advantage of nationwide forbearance programs as they struggle to make their monthly mortgage payments, Ginnie...
GSEs Announce Payment Deferral Option for Borrowers Exiting Forbearance
In communications to lenders today, Fannie Mae and Freddie Mac announced a new home retention workout option that would allow...
