FHFA: Fannie, Freddie Sold More than 130,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 130,808 nonperforming loans as of June 30, with a total unpaid balance of...
Mortgage
FHFA Sets 2022 Performance Goals for Fannie, Freddie
The Federal Housing Finance Agency today issued the metrics on which it will assess the 2022 performance of Fannie Mae,...
CFPB Issues RFI on HMDA Rules
The CFPB today announced that it will undertake a review of its rules implementing the 2015 changes to the Home...
FHFA Issues 2021 Performance, Accountability Report
The Federal Housing Finance Agency today released its annual performance and accountability report for 2021
J.D. Power: Consumer Satisfaction with Mortgage Originators Declines
Customer satisfaction with mortgage originators industrywide declined five points to 851 on a scale of 1,000, according to the J.D....
Household Debt Rises by $286 Billion in Third Quarter
Total household debt increased 1.9% in the third quarter of 2021, rising by $286 billion to land at $15.24 trillion,...
Bowman: Concerns Persist on Nonbank Servicer Regulation
Federal Reserve Governor Michelle Bowman remains “concerned about some of the differences in the prudential oversight of banks and nonbank”...
Can We Block Credit Applications from Consumers Who Were Denied Because of a Credit Freeze?
…and other questions from ABA Regulatory Policy and Compliance Inbox
FHA Proposes Changes to Defect Taxonomy
The Federal Housing Administration in recent days posted draft updates for comment on the defect taxonomy for servicing loan reviews,...
FHFA Proposes Additional Public Disclosure Requirements for Fannie, Freddie
The Federal Housing Finance Agency today proposed additional public disclosure requirements for Fannie Mae and Freddie Mac.
