MBA’s President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency’s (FHFA) announcement of the 2026 multifamily lending purchase caps for Fannie Mae and Freddie Mac (the GSEs):
Tag: GSE
Navigating New GSE Internal Control Requirements: What Financial Institutions Need to Know
Fannie Mae and Freddie Mac have rolled out comprehensive updates to their internal control frameworks, creating new compliance challenges for mortgage lenders and servicers. These changes go beyond routine regulatory adjustments. They represent a fundamental shift in how the GSEs approach operational risk management, writes nContracts’ Robert Brosh.
MBA Statement on FHFA and Treasury Amendments to the Preferred Stock Purchase Agreements
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).
To the Point With Bob: MBA Is Ready to Help Shape a Safe and Sound Exit Plan from GSE Conservatorship
MBA President and CEO Bob Broeksmit, CMB, says MBA welcomes the opportunity to work with policymakers to forge a path to finally end the GSE conservatorship.
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: 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.