FHFA Allows Borrowers in Forbearance to Refi, Buy
Borrowers who requested forbearance on mortgages backed by Fannie Mae or Freddie Mac will still be able to refinance or buy a new home, according to the Federal Housing Finance Agency (FHFA).
FHFA Adds Deferral Option for Borrowers
The Federal Housing Finance Agency has added a payment deferral option for borrowers who had requested forbearance on mortgages through Fannie Mae and Freddie Mac.
FHFA: Lump Sum Not Required for Missed Mortgage Payments
The Federal Housing Finance Agency says mortgage borrowers aren’t required to make missed mortgage payments all in one lump sum.
FHFA Offers Mortgage Servicers Fix for Liquidity Issues
The Federal Housing Finance Agency will limit how many missed payments mortgage servicers need to advance on Fannie Mae and Freddie Mac loans in a move that the agency said would address mortgage liquidity concerns.
Home Appraisal Rules Could Slow Refi Boom
COVID-19 fears among appraisers and homeowners are threatening to partially derail a surge in refinancings in Massachusetts at a time when many residents may be looking for ways to save.
MBA CEO: Calabria Comments on Servicer Liquidity ‘Troubling’
The Mortgage Bankers Association responded to media comments by the Federal Housing Finance Agency director by renewing its call for a liquidity facility to support mortgage servicers during the coronavirus crisis.
FHFA Offers Mortgage Forbearance to Protect Renters
Fannie Mae and Freddie Mac will offer mortgage forbearance to multifamily property owners in an attempt to keep renters in their homes and to support these property owners during the coronavirus national emergency, the Federal Housing Finance Agency announced on Monday.
Conforming Loan Limit in Greater Boston Will Hit $690K in 2020
The maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac will increase in 2020.
Treasury Unveils Plan to Privatize Fannie Mae, Freddie Mac
The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion.
Pool of Qualified Borrowers Deepens with Increased Mortgage Limit
The bump in the FHFA conforming limit could present a good opportunity for first-time homebuyers, but is less likely to have an impact in more expensive counties near Boston.
FHFA Reinstates $3B Buffer To GSEs
The Federal Housing Finance Agency (FHFA) and the Department of the Treasury agreed last week to reinstate the $3 billion capital reserve each for both Fannie Mae and Freddie Mac.
Regulator: US Housing Agencies Would Need More Taxpayer Funds In A Crisis
Fannie Mae and Freddie Mac, two government-controlled housing finance agencies, would need a big cash injection to weather another financial meltdown, a government regulator said on Monday.
