On Wednesday, the Federal Housing Finance Agency issued a final rule establishing a revised capital framework for Fannie Mae and Freddie Mac. The final capital framework follows an initial proposal put forth by FHFA in 2018, which was re-proposed in 2020.
Here’s a quick hit on several recent housing and real estate finance reports.
MBA released its National Delinquency Survey results for the third quarter last week. This week’s chart highlights the seriously delinquent rate - the percentage of loans that are 90 days or more delinquent or in the process of foreclosure – in every state across the country.
The MBA Opens Doors Foundation announced it received $153,634 from Equity Prime Mortgage’s Choose Kindness campaign, including a personal donation of $26,300 from Eddy Perez, CMB, President and CEO of EPM.