The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship.
The FDIC today clarified its expectations for banks when discontinuing foreclosure proceedings.
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 3 percent in the third quarter of 2015, as the economy improved and home prices continued to rise, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
The share of current and performing first-lien mortgages rose to 93.9 percent for the third quarter, up from 93 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.
ABA and several other trade associations sent a joint letter to members of Congress yesterday supporting the extension of one-year foreclosure protection for military personnel leaving active duty through the end of 2016, at a minimum.
The Federal Reserve today announced its plan for redistributing unclaimed funds from the financial regulators’ Independent Foreclosure Review process.
Responding to concerns expressed by ABA and others, the Department of Housing and Urban Development…
The percentage of mortgages that were current and performing at the end of the second quarter reached 93.8, up from 93.1 percent a year before but down from 94.2 percent in the first quarter, according to the Mortgage Metrics Report released today by the OCC.
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 6 percent in the second quarter of 2015, following a 9 percent drop in the first quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
ABA and several other trade groups yesterday released a statement of principles on “super-priority” liens placed by homeowner associations that in some states have been recognized as senior even to claims by first-lien mortgage holders.