FHFA Moves to Provide Eviction Suspension Relief for Renters

Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance if they suspend all evictions for renters unable to pay rent due to coronavirus, the Federal Housing Finance Agency announced Monday.

#MBAServicing2020: ‘Stronger Servicing Starts Here’

ORLANDO—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, kicked off the MBA Servicing Solutions Conference & Expo here with praise for the work the mortgage servicing industry has done in recent years.

#CREF2020: Multifamily Facing ‘Significant Changes’

SAN DIEGO–Some call multifamily an Energizer Bunny that just keeps going. But the sector faces significant changes, including regulatory shifts and a new floating-rate index, analysts said here at the Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

#MBAIMB20: MBA Carries Torch for IMBs

NEW ORLEANS—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, has worked for, and with, independent mortgage bankers. For him–and for MBA–it’s an easy sell.

Residential Briefs

First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.

Residential Briefs

The Federal Housing Finance Agency will extend, from Dec. 19 to Jan. 21, 2020, the deadline for interested parties to provide input on potential changes to Fannie Mae and Freddie Mac Uniform Mortgage-Backed Security pooling practices.

FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400

The Federal Housing Finance Agency today announced maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020, with the 2020 maximum conforming loan limit for one-unit properties rising to $510,400 from $484,350.