FHFA Delays Refi Fee Implementation to Dec. 1

The Federal Housing Finance Agency this afternoon said Fannie Mae and Freddie Mac would delay implementation of a controversial Adverse Market Refinance Fee by two months, to Dec. 1.

FHFA Delays Refi Fee Implementation to Dec. 1

The Federal Housing Finance Agency this afternoon said Fannie Mae and Freddie Mac would delay implementation of a controversial Adverse Market Refinance Fee by two months, to Dec. 1.

FHFA Delays Refi Fee Implementation to Dec. 1

The Federal Housing Finance Agency this afternoon said Fannie Mae and Freddie Mac would delay implementation of a controversial Adverse Market Refinance Fee by two months, to Dec. 1.

MBA: Share of Mortgage Loans in Forbearance Flat

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.

MBA: Share of Mortgage Loans in Forbearance Flat

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.

MBA: Share of Mortgage Loans in Forbearance Flat

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.

Longer-Term Challenges to Multifamily Risk Outlook Emerge

he multifamily sector made it through the first half of the year with less turmoil as some anticipated. But the pandemic could create longer-term challenges for the sector, said Phoenix American, San Rafael, Calif.