During the final months of the Trump Administration, the Federal Housing Finance Agency implemented product caps on Fannie Mae and Freddie Mac through their Senior Preferred Stock Purchase Agreements—a move that the Mortgage Bankers Association called “disruptive” for many of its members.
Tag: Biden Administration
The Biden Administration Infrastructure Proposal: What it Means
On Wednesday, the Biden Administration released its $2 trillion-plus American Rescue Plan, an ambitious proposal to invest in infrastructure, create jobs and position the U.S. to compete better globally—of which housing plays a central role.
Biden Administration Extends, Expands Forbearance/Foreclosure Relief Programs
The Biden Administration today announced a coordinated extension and expansion of forbearance and foreclosure relief programs. The programs, set to expire at the end of March, have now been extended through June 30.