People in the News, May 17, 2024

Industry personnel news from Fannie Mae, FHFA, Floify, Rocktop Technologies, Dark Matter Technologies and WFG National Title Insurance Co.

Industry Briefs April 1, 2024

Industry news from FHFA, ICE, Truv and Kriss Law/Atlantic Closing & Escrow.

FHFA Says Nearly 44,000 Troubled Homeowners Assisted During 4Q2023

Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions during the fourth quarter, raising the number of homeowners who have been helped to 6.9 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.

FHFA to Host Multifamily Insurance Symposium; Agency Official Talks Other 2024 Priorities–#MBACREF24

SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry. With that in mind, the Federal Housing Finance Agency’s Siobhan Kelly announced the agency will hold a multifamily insurance symposium March 13–with both in-person and virtual options–to brainstorm solutions to insurance issues.

FHFA Releases Non-Performing Loan Sales Data

Fannie Mae and Freddie Mac sold 163,297 non-performing loans with a total unpaid principal balance of $30.0 billion from program inception in 2014 through June 30, 2023, the Federal Housing Finance Agency reported.

FHFA TechSprint Spotlights Themes Related to Mortgage Technology

The Federal Housing Finance Agency last summer held its “Velocity” TechSprint, bringing people together to ponder how data digitization could drive transparency and increase access, fairness, affordability and sustainability in mortgage lending. FHFA briefed MISMO Winter Summit attendees about the program Monday.