The Federal Housing Finance Agency yesterday asked public comment on a proposed rule that would establish standards and criteria for the validation and approval of third-party credit score models used by Fannie Mae and Freddie Mac.
Category: News and Trends
Risk, Compliance Challenges Remain High in Wolters Kluwer Survey
Wolters Kluwer, Minneapolis, released its annual Regulatory and Risk Management Indicator survey for the U.S., noting two-thirds of bank and credit union respondents continue to cite risk and compliance challenges as high, although there is “notable easing” compared to 2017 risk and regulatory anxiety levels.
Administration Expected to Name Calabria as FHFA Director
The Trump Administration this week signaled it intended to nominate Mark Calabria, a longtime Washington policy operative who currently serves as Vice President Mike Pence’s chief economist, as Director of the Federal Housing Finance Agency.
CoreLogic: Delinquency Rates Up in Natural Disaster Areas; Down Nearly Everywhere Else
CoreLogic, Irvine, Calif., reported year-over-year U.S. serious delinquency and foreclosure rates fell for the ninth consecutive month and were the lowest for September in 12 years, despite upward spikes in areas affected by recent natural disasters.
The Federal Housing Finance Agency (released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac, noting little change over the past several years.
Note to MBA Servicing NewsLink Readers
This is the final issue of MBA Servicing NewsLink for 2018. MBA offices will be closed the week of Dec. 24 for the holidays and will reopen on Wednesday, Jan. 2, 2019.
Administration Expected to Name Calabria as FHFA Director
The Trump Administration this week signaled it intended to nominate Mark Calabria, a longtime Washington policy operative who currently serves as Vice President Mike Pence’s chief economist, as Director of the Federal Housing Finance Agency.
Administration Expected to Name Calabria as FHFA Director
The Trump Administration this week signaled it intended to nominate Mark Calabria, a longtime Washington policy operative who currently serves as Vice President Mike Pence’s chief economist, as Director of the Federal Housing Finance Agency.
Black Knight: Tappable Equity Falls for First Time Since Housing Recovery
Black Knight, Jacksonville, Fla., said softening home prices in equity-rich markets led to the first decline in tappable housing equity since the housing recovery began.
Freddie Mac, Fannie Mae Announce Holiday Eviction Moratoria
Freddie Mac, McLean, Va., and Fannie Mae, Washington, D.C. yesterday announced nationwide suspension of eviction lock-outs between Dec. 17, 2018 and Jan. 2, 2019.