GSEs
- Banking
Confusion over CFPB underwriting rule persists
Confusion is building in the mortgage market about conflicting deadlines for loans backed by Fannie Mae and Freddie Mac to…
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CFPB pushes compliance date for qualified mortgage definition to 2022
The Consumer Financial Protection Bureau on Tuesday officially moved ahead with an earlier proposal to postpone the full adoption of…
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FHFA adds refi option for low-income borrowers
WASHINGTON — The Federal Housing Finance Agency is launching a new program to help lower-income homeowners with Fannie Mae- or…
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The mounting costs of protracted mortgage forbearance
Banks and mortgage servicers have been expecting an avalanche of requests for loan modifications when federal mortgage forebearance rules were…
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Lenders urge Biden to remove GSE cap on ‘high-risk’ loans
WASHINGTON — Reforms to the government’s oversight of Fannie Mae and Freddie Mac announced in the final days of the…
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CFPB officially proposes delay of QM changes
The Consumer Financial Protection Bureau made official the agency’s plans to delay the compliance deadline for changes to its main…
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Fannie, Freddie double their funding for affordable housing projects
WASHINGTON — After loans backed by Fannie Mae and Freddie Mac skyrocketed last year due to heightened refinancing activity, the…
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