The Federal Housing Finance Agency today outlined how Fannie Mae and Freddie Mac will work to improve the distribution and availability of safe and sound residential mortgage financing in underserved markets in 2021.
The American Bankers Association submitted comments to the Conference of State Bank Supervisors last week urging that state regulators align prudential standards for nonbank mortgage servicers with those of the federal banking agencies.
A new rule proposed by the Federal Housing Finance Agency today would require Fannie Mae and Freddie Mac to develop resolution plans to facilitate their rapid and orderly resolution in the event that the FHFA is appointed receiver.
The Federal Housing Finance Agency today proposed new liquidity and funding requirements for Fannie Mae and Freddie Mac.
The Federal Housing Finance Agency yesterday announced Fannie Mae and Freddie Mac’s 2021 affordable housing goals would remain the same as during the 2018-2020 period.
Fannie Mae and Freddie Mac have sold 128,471 nonperforming loans as of June 30, 2020,…
The American Bankers Association and several housing industry groups urged the Department of Treasury yesterday to ensure that reforms for Fannie Mae and Freddie Mac are locked in before conservatorship ends for the government sponsored enterprises.
The Consumer Financial Protection Bureau today wrapped up its efforts to revise the Qualified Mortgage standard by issuing final rules defining both the general QM category and a “seasoned” QM standard for certain portfolio loans.
The Federal Housing Finance Agency said today it has validated and approved the use of the classic FICO credit score model by Fannie Mae and Freddie Mac.
October brings a new Supreme Court term, but October 2020 has not brought only a new term but also a new justice, the third new justice to join the high court in less than four years.