OCC: Mortgage Performance Declines in Fourth Quarter
The share of current and performing first-lien mortgages in the fourth quarter of 2020 was 93.3%, down from 96.5% a ...
Tag: Mortgage
ABA Weighs in on Proposed GSE Liquidity, Resolution Planning Requirements
In two comment letters to the Federal Housing Finance Agency last week, the American Bankers Association weighed in on proposed ...
Philly Fed Survey Finds 10% of Respondents Took COVID-19 Forbearance
More than 10% of respondents in a recent Federal Reserve Bank of Philadelphia survey said they had entered mortgage forbearance ...
CFPB Extends Mandatory Compliance Date for QM Rule; GSE Patch Remains in Effect
As expected, the Consumer Financial Protection Bureau today proposed to delay the mandatory compliance date of the General Qualified Mortgage ...
CFPB Nominee Has ‘Open Mind’ About Potential QM Rule Changes
At his confirmation hearing to serve as the next director of the Consumer Financial Protection Bureau today, Rohit Chopra told ...
CFPB Report: Share of Delinquent Mortgages Doubles During Pandemic
The number of homeowners that are behind on their mortgage has doubled since the beginning of the pandemic, with 6% ...
FHFA Extends Foreclosure, Eviction Moratoriums Through June 30
The Federal Housing Finance Agency announced yesterday that it would extend through March 31, a moratorium on foreclosures and real ...
Biden Administration Extends Foreclosure Moratorium, Mortgage Forbearance
To help provide relief to many homeowners currently in forbearance due to COVID-19, President Biden today announced an extension of ...
FHFA Sets 2021 Performance Goals for Fannie, Freddie
The Federal Housing Finance Agency today issued the metrics on which it will assess the 2021 performance of Fannie Mae, ...
Freddie Mac and Fannie Mae Issue Guidance on COVID-19 Relief Extensions
Following an announcement from the Federal Housing Finance Agency this week extending forbearance on GSE-backed mortgages for up to an ...
