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.
Browsing: FHFA
FHFA: Fannie, Freddie Sold More than 126,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 126,757 nonperforming loans as of Dec. 31, 2019, with a total unpaid balance of $23.8 billion, according to the Non-Performing Loan Sales report released today by the Federal Housing Finance Agency.
FHFA Re-Proposes Regulatory Capital Framework Changes for Fannie, Freddie
In a highly anticipated move today, the Federal Housing Finance Agency re-proposed a 2018 proposal to establish a new regulatory capital framework for Fannie Mae and Freddie Mac, charting a clear path for the GSEs to exit conservatorship.
GSEs Issue Guidance on Refinance, Home Purchase Eligibility for Borrowers in Forbearance
Fannie Mae and Freddie Mac have issued temporary guidance clarifying the ability of borrowers with loans in forbearance to refinance or purchase a new home, the Federal Housing Finance Agency announced today.
FHFA Extends Foreclosure, Eviction Moratoriums for GSE-Backed Mortgages
The Federal Housing Finance Agency announced today that it would extend—until at least June 30—a moratorium on foreclosures and evictions for single-family mortgages backed by Fannie Mae or Freddie Mac.
FHFA to Provide Additional Loan Origination Flexibility
As part of its ongoing effort to provide relief to mortgage borrowers during the coronavirus pandemic, the Federal Housing Finance Agency today announced that it would extend until at least June 30 several previously announced loan origination flexibilities for customers of Fannie Mae and Freddie Mac.
GSEs Create Tools to Help Renters Determine Eviction Protections
Fannie Mae and Freddie Mac today unveiled online tools that renters can use to determine if they are protected from evictions during the coronavirus pandemic.
FHFA’s Calabria Rebuts Claims about Lump Sum Payments for Borrowers Exiting Forbearance
In response to recent concerns raised about the repayment terms for mortgages backed by Fannie Mae or Freddie Mac that are in now forbearance due to the coronavirus pandemic, FHFA Director Mark Calabria confirmed today that borrowers will not be required to repay their missed payments in a lump sum at the end of the forbearance period.
FHFA to Purchase Qualified Loans in Forbearance
In a significant move today, the Federal Housing Finance Agency announced that it will purchase qualified single-family mortgages in forbearance in order to support mortgage markets during the coronavirus pandemic.
FHFA to Limit Servicers’ Payment Advancement Obligations to MBS Investors Due to Pandemic
In a move to support mortgage markets today, the Federal Housing Finance Agency announced that it will limit servicers’ obligations to advance payments to mortgage-backed securities investors to four months.