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...
Mortgage
FHFA: Fannie, Freddie have sold $30 billion in NPLs since 2014
Fannie Mae and Freddie Mac have sold 163,297 nonperforming loans, with a total unpaid balance of $30 billion, from program...
The outlook for FHLB advances
Given the need for additional funds and the lack of attractive alternatives, bank use of FHLB advances is very likely...
ABA urges HUD to allow remote communications for mortgage default meetings
ABA and three associations said they support the reasoning behind a proposed rule change to end the requirement for Federal...
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...
Myths and facts about the Federal Home Loan Bank System
Rebutting erroneous claims about the FHLBs and the failure of Silicon Valley Bank.
FHFA: Homeowners’ equity remains high
Homeowner equity in the U.S. remains high and the percentage of homeowners with negative equity is at its lowest level...
ABA: Proposed quality control rule for AVMs would overburden banks
A proposed interagency rule to regulate the quality of algorithmic models used in real estate valuations would likely overburden—and therefore...
Housing agencies: Assistance available following Maui wildfires
The Federal Housing Administration, Federal Housing Finance Agency and other federal housing agencies have released a list of the various...
CFPB penalizes nonbank mortgage provider for alleged kickbacks
The CFPB penalized the nonbank mortgage loan originator and servicer Freedom Mortgage for allegedly providing illegal incentives to real estate...
