In May, Fannie Mae, Freddie Mac and the Federal Housing Finance Agency announced the implementation of new lender requirements for reconsiderations of value, effective Aug. 29. Here’s what lenders should know.
Tag: FHFA

ICE’s John Holbrook: GSEs, FHFA, HUD Implement ROV Requirements–What Lenders Need to Know
In May, Fannie Mae, Freddie Mac and the Federal Housing Finance Agency announced the implementation of new lender requirements for reconsiderations of value, effective Aug. 29. Here’s what lenders should know.

GSEs Completed 52,154 Foreclosure Prevention Actions in 1Q, FHFA Finds
Fannie Mae and Freddie Mac completed more than 52,000 foreclosure prevention actions in the first quarter, bringing the total to nearly 7 million since the start of conservatorships, the Federal Housing Finance Agency reported.

MBA Asks FHFA to Address Outstanding Questions Before Approving Freddie Mac Second Mortgage Proposal
The Mortgage Bankers Association posed several questions to the Federal Housing Finance Agency about Freddie Mac’s proposed purchase of single-family closed-end second mortgages.

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.

MBA, Affiliated Groups Weigh in with FHFA About Release of Historical Credit Score Data
The Mortgage Bankers Association and four other groups sent a letter to the Federal Housing Finance Agency on Monday regarding its plans to release historical credit score data.

FHFA Requests Public Input on Freddie Mac Second Mortgage Proposal
The Federal Housing Finance Agency on Tuesday proposed a new product from Freddie Mac to begin purchasing certain single-family closed-end second mortgages.

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 Updates Enterprise Credit Score Requirement Implementation
The Federal Housing Finance Agency on Thursday announced updates to the implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie Mac.