Regulators Offer Flexibility to Servicers Offering Mortgage Forbearance Options
Financial regulators on Friday issued a joint policy statement granting flexibility to mortgage servicers to work with borrowers struggling as ...
Tag: Mortgage
Fannie, Freddie Transfer $115B in Credit Risk
Since the Federal Housing Finance Agency launched a credit risk transfer program for Fannie Mae and Freddie Mac in 2013, ...
FHA Announces COVID-19 Relief for Borrowers
The Federal Housing Administration yesterday announced relief for FHA mortgage borrowers unable to make payments because of the coronavirus pandemic.
FHFA Grants GSEs Loan Processing Flexibility
The Federal Housing Finance Agency today took action to grant additional flexibility to Fannie Mae and Freddie Mac to help ...
Ginnie Mae Announces Plans to Intervene in Agency MBS Market
With many borrowers now taking advantage of nationwide forbearance programs as they struggle to make their monthly mortgage payments, Ginnie ...
GSEs Announce Payment Deferral Option for Borrowers Exiting Forbearance
In communications to lenders today, Fannie Mae and Freddie Mac announced a new home retention workout option that would allow ...
ABA, Industry Groups Call for Unified Approach to Mortgage Relief During Pandemic
ABA joined several financial and mortgage industry trade associations in a letter to the Federal Reserve, HUD, FHFA, the CFPB, ...
FHFA Announces New Measures to Ensure Liquidity in Mortgage Markets
To help ensure liquidity in the secondary mortgage market, the Federal Housing Finance Agency today directed Fannie Mae and Freddie ...
GSEs, HUD to Suspend Foreclosures Amid Coronavirus Pandemic
To help provide relief to homeowners who may be facing financial hardships as a result of the coronavirus pandemic, the ...
OCC: Mortgage Performance Improved Slightly in Q4
The share of current and performing first-lien mortgages in the fourth quarter of 2019 was 96.5%, up from 95.8% a ...
