Archives For: Investor and Regulatory Updates
MHA: HAMP Update: System Maintenance Outage
Making Home Affordable (MHA) issued Release Notes for a system update scheduled to take place on April 27, 2020.
9 Apr 2020
FHFA: Extended Comment Period for Proposed Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
The Federal Housing Finance Agency (FHFA) announced a 30-day extension on the comment period for a proposed update to the minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.
31 Mar 2020
Freddie Mac: FHLMC Guide Bulletin 2020-06: Payment Deferral
On March 25, Freddie Mac announced the introduction a payment deferral relief option that can help homeowners with an early delinquency due to a short-term hardship situation that has since been resolved.
25 Mar 2020
FHFA: Stress Testing of Regulated Entities
The Federal Housing Finance Agency (FHFA) announced the adoption of a final rule that amends its stress testing rule, consistent with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
24 Mar 2020
FHFA: Foreclosure Prevention Report – Fourth Quarter 2019
The Federal Housing Finance Agency (FHFA) published its fourth quarter 2019 Foreclosure Prevention, Refinance and FPM Report.
24 Mar 2020
Fannie Mae: AAA Matrix Update – March 2020
Fannie Mae announced that all AAA matrices have been updated effective March 18, 2020. The announcement reflects a detailed list of updates made by jurisdiction.
18 Mar 2020
OCC: Coronavirus COVID-19 Information Page Released
The Office of the Comptroller of the Currency (OCC) announced the availability of a web page containing actions and guidance relating to the Coronavirus COVID-19 outbreak. Included is the office’s latest bulletin (2020-15), which encourages banks to take steps to meet the financial services needs of customers adversely affected by virus-related issues.
16 Mar 2020
HUD: FHA INFO #20-20: Continuation of FHA Single Family Business Operations Related to COVID-19
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-20. Included is guidance relating to FHA single family business operations as well as a temporary partial waiver of servicing requirements regarding face-to-face borrower contact amid the Coronavirus COVID-19 outbreak.
13 Mar 2020
Freddie Mac: Information on COVID-19 BCP Preparedness
Freddie Mac issued a release outlining its business continuity plans (BCP) as the coronavirus outbreak impacts the U.S.
12 Mar 2020
OCC: Interagency Statement Regarding Financial Institutions Affected by Tornadoes in Tennessee
The Office of the Comptroller of the Currency (OCC) issued a joint statement from several federal and state financial regulatory agencies encouraging institutions operating in areas of Tennessee recently impacted by tornadoes to meet the financial needs of their communities.
12 Mar 2020