The Federal Housing Finance Agency this week issued a Notice of Proposed Rulemaking that would require Fannie Mae and Freddie Mac to develop credible resolution plans, also known as living wills.
Tag: Fannie Mae
Fannie Mae, Freddie Mac To Extend Multifamily Forbearance Through March 31
The Federal Housing Finance Agency, Washington, D.C., announced yesterday Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through March 31, 2021.
MBA: Share of Mortgages in Forbearance Ticks Up
The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
MBA: Share of Mortgages in Forbearance Ticks Up
The Mortgage Bankers Association’s latest Forbearance & Call Center Survey reported loans in forbearance increased slightly to 5.49% of servicers’ portfolio volume as of December 13 from 5.49% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
The Redesigned URLA Mandate Is Around the Corner. Will Your Technology Solution Be Ready?
December is always a busy month, and this is especially true for mortgage lenders this year. With 2021 rapidly approaching, the deadline to implement the redesigned URLA and updated automated underwriting system (AUS) datasets will be here before we know it.
FHFA: GSEs Complete 539,000 3Q Foreclosure Prevention Actions
The Federal Housing Finance Agency released its third quarter 2020 Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 539,451 foreclosure prevention actions in quarter, bringing to 5.2 million the number of troubled homeowners who have been helped during conservatorships.
Industry Briefs Dec. 21, 2020
New American Funding, Tustin, Calif., launched a mentorship program to help team members develop professionally. New American Funding’s “360 Mentorship Program” matches an internal leader with another employee who is pursuing career advancement.
The Redesigned URLA Mandate Is Around the Corner. Will Your Technology Solution Be Ready?
December is always a busy month, and this is especially true for mortgage lenders this year. With 2021 rapidly approaching, the deadline to implement the redesigned URLA and updated automated underwriting system (AUS) datasets will be here before we know it.
FHFA Issues Proposed Rulemaking for Enterprise Liquidity Requirements, Seeks Comments
The Federal Housing Finance Agency, Washington, D.C., announced it would like comments on a proposed rulemaking regarding Fannie Mae and Freddie Mac liquidity requirements.
November Housing Starts Rise for 3rd Straight Month
November housing starts rose for the third straight month, boosted by builder confidence and strong consumer demand, HUD and the Census Bureau reported yesterday.