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Compared with the week prior, approximately 57,000 fewer loans from all investor types were forborne.
June 19
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New Residential Investment Corp., fresh off a substantial first-quarter reduction of its asset holdings, is now planning to securitize the receivables on its $200 billion servicing portfolio of Fannie Mae-owned mortgages.
June 17
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The language most frequently spoken by LEP consumers is Spanish, followed by Chinese, Vietnamese, Korean and Tagalog. The Federal Housing Finance Agency's online clearinghouse translates CARES Act forbearance information into these languages.
June 17
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The FHFA and FHA both announced for the second time that they were delaying the freeze to protect borrowers and renters during the coronavirus pandemic.
June 17
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As they prepare to exit government conservatorship, Fannie Mae and Freddie Mac have enlisted the investment banks to help them boost capital and evaluate market opportunities.
June 15
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The measures extended by the Federal Housing Finance Agency include alternative methods used for certain appraisals and for verification of employment.
June 11
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The expected rise in refinance volume overrides pessimism about purchase activity for their businesses.
June 11
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The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.
June 10
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The FHFA’s proposal is intended to strengthen Fannie Mae and Freddie Mac, but many experts warn that it could boost guarantee fees for lenders that they say may be passed on to borrowers.
June 8
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About 9% of government-insured loans in forbearance have low equity, which could hamper post-forbearance servicing.
June 8
