Archives For: Industry Updates
Alanna McCargo Named Ginnie Mae President
On Tuesday, Dec. 14, the U.S. Senate confirmed Alanna McCargo as president of Ginnie Mae—a position that hasn’t been permanently filled since 2017.
16 Dec 2021
FHFA Proposes Capital Planning Rule for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) today issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain, and submit annual capital plans to FHFA.
16 Dec 2021
Six More Kentucky Counties Eligible for FEMA Assistance
Six additional Kentucky counties have been approved for both individual and public assistance following tornadoes that took place on 12.10.21
16 Dec 2021
President Joseph R. Biden, Jr. Amends Kentucky Major Disaster Declaration
The President has amended the original declaration issued on December 12 to include additional federal funding for affected individuals.
15 Dec 2021
Thompson Nominated to Serve Full Term as Director of FHFA
President Biden has nominated Sandra Thompson to serve a full five-year term as director of the Federal Housing Finance Agency
15 Dec 2021
Freddie Mac Confirms Immediate Mortgage Relief Options for Homeowners Affected by Tornado Outbreaks
Freddie Mac today reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas.
14 Dec 2021
Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Assistance Options Following Recent Tornadoes in Central and Southern States
Fannie Mae is reminding homeowners and renters impacted by the recent tornadoes in communities across Kentucky, Missouri, Illinois, Tennessee, Arkansas and Mississippi of available mortgage relief options.
14 Dec 2021
Non-Profit Bidders Successfully Purchase more than 800 Mortgage Notes through HUD-Held Vacant Loan Sale
Non-profit bidders successfully purchased more than 800 mortgage notes through a HUD-held vacant loan sale in early December.
13 Dec 2021
Torrington’s Responsive Blight Enforcement is Working, Mayor Says
Since 2019, the city of Torrington, Connecticut’s plan to combat blight has taken off, thanks to a responsive staff and more enforcement, officials said.
12 Dec 2021
Proposed Hawaii Bill Aims to Reduce the Potential Hazards Associated with Vacant and Abandoned Properties
A proposed bill in Hawaii aims to prevent vacant and abandoned properties from potentially becoming public safety hazards and imposing significant costs to the community.
10 Dec 2021