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.
Tag: GSE
MBA: Share of Mortgage Loans in Forbearance Remains at 0.22% in April
The total number of loans now in forbearance remained unchanged at 0.22% as of April 30, 2024, the Mortgage Bankers Association’s monthly Loan Monitoring Survey reported.
MBA Responds to CFPB’s Proposed Rule Revising the General Qualified Mortgage Definition
Last Tuesday, the Mortgage Bankers Association commented on the Consumer Financial Protection Bureau’s proposed rule to amend its General Qualified Mortgage (QM) loan definition in Regulation Z.