The Centers for Disease Control’s eviction moratorium expired July 31, but the Department of Agriculture, HUD, the Department of Veterans Affairs and the Federal Housing Finance Agency extended their foreclosure-related eviction moratoria until September 30. The agencies issued a joint statement encouraging landlords of properties backed by Fannie Mae or Freddie Mac to apply for Emergency Rental Assistance before starting the eviction process for non-payment of rent.
Tag: FHFA
CDC Extends National Eviction Moratorium For Final Time to July 31
The Centers for Disease Control and Prevention last Thursday extended its nationwide residential eviction moratorium by another month, to July 31.
White House Names Sandra L. Thompson Acting FHFA Director
The White House last week appointed Sandra L. Thompson as Acting Director of the Federal Housing Finance Agency.
FHFA, GSEs Extend COVID-19 Multifamily Forbearance Through Sept. 30
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through September 30, subject to the continued tenant protections FHFA has imposed during the pandemic. This is the third extension of the programs, which were set to expire June 30.
FHFA Holds GSE Affordable Housing Goals Steady in 2021
The Federal Housing Finance Agency yesterday announced its 2021 affordable housing goals for Fannie Mae and Freddie Mac will remain the same as they were in 2020. It also seeks input about future housing goals rulemaking.
FHFA Sets $70 Billion 2021 GSE Multifamily Loan Purchase Caps
The Federal Housing Finance Agency on Tuesday announced 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac at $70 billion for each Enterprise, totaling $140 billion in support to the multifamily market.
MBA Annual20: FHFA Proposes Rule for New Enterprise Products, Activities
Federal Housing Finance Agency Mark Calabria told MBA members that the agency wants comments on a proposed rule that would require Fannie Mae and Freddie Mac to obtain approval for new products and notice before engaging in new activity.
MBA Urges FHFA to Extend Current GSE Affordable Housing Goals
The Mortgage Bankers Association, in a letter this week to the Federal Housing Finance Agency, said FHFA should extend current affordable housing goals for Fannie Mae and Freddie Mac, given current economic uncertainty.
MBA Offers FHFA Recommendations on GSE Strategic Plan
The Mortgage Bankers Association, in comments to the Federal Housing Finance Agency, said the FHFA Strategic Plan for fiscal years 2021-2024 should continue to work toward an ultimate goal: releasing Fannie Mae and Freddie Mac from federal conservatorship—but only when they are able to do so without risk to the real estate finance markets.
CREF Highlights July 23, 2020
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.