MBA’s President and CEO Bob Broeksmit, CMB, issued a statement on the Jan. 2 Federal Housing Finance Agency (FHFA) and U.S. Treasury amendments to the Preferred Stock Purchase Agreements (PSPAs).
Tag: FHFA

MBA Statement on FHFA Updates on Loan Repurchases, Appraisals, and Pricing
DENVER–MBA President and CEO Bob Broeksmit, CMB, issued the following statement on the Federal Housing Finance Agency (FHFA) announcements on loan repurchases, appraisals, and pricing at MBA’s 2024 Annual Convention and Expo:

FHFA Announces Updates on Repurchases, Appraisals, Pricing at Annual24
DENVER–The Federal Housing Finance Agency’s Naa Awaa Tagoe, Deputy Director, Division of Housing Mission and Goals, announced a series of updates at the Mortgage Bankers Association Annual Conference & Expo Oct. 28.

MBA Statement on FHFA’s Suspended Counterparty Program Re-Proposal
MBA President and CEO Bob Broeksmit, CMB, issued a statement regarding the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program (SCP) regulation.

FHFA Reports More Than 7 Million Foreclosure Prevention Actions During GSE Conservatorships
The Federal Housing Finance Agency reported that Fannie Mae and Freddie Mac completed 46,378 foreclosure prevention actions during the second quarter, raising the total number of homeowners who have been helped to 7,004,262 since the start of conservatorships in September 2008.

Fannie Mae, Freddie Mac Announce New Protections for Renters
Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.

FHFA Releases NMDB Outstanding Residential Mortgage Statistics
There were 50.8 million outstanding mortgages with unpaid balances totaling $11.7 trillion at the end of the first quarter, the Federal Housing Finance Agency reported last week.

FHFA Announces Members of Federal Advisory Committee on Affordable, Equitable and Sustainable Housing
The Federal Housing Finance Agency announced the members of its Advisory Committee on Affordable, Equitable and Sustainable Housing, which includes several members of the Mortgage Bankers Association.

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.