Archives For: Freddie Mac
FHFA: Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests
The Federal Housing Finance Agency (FHFA) released reports providing results of the 2020 and 2021 annual stress tests Fannie Mae and Freddie Mac are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
13 Aug 2021
FHFA: COVID-19 REO Eviction Moratorium Extended Through September
The Federal Housing Finance Agency (FHFA) published a joint statement on agency actions (FHFA, USDA, VA, Treasury) to prevent evictions.
30 Jul 2021
FHFA: Apply for Emergency Rental Assistance Before Evicting Tenants
The Federal Housing Finance Agency (FHFA) announced that it is encouraging landlords of properties backed by Fannie Mae or Freddie Mac to apply for Emergency Rental Assistance before starting the process of evicting a tenant for non-payment of rent.
30 Jul 2021
FHFA: Phyllis K. Fong Named Acting Inspector General
The Federal Housing Finance Agency (FHFA) announced that Phyllis K. Fong will be its acting inspector general (IG). Fong will continue to serve as the IG for the U.S. Department of Agriculture (USDA) while fulfilling her new role.
30 Jul 2021
FHFA: Expanded Use of Interest Rate Reduction for COVID-19 Hardship
The Federal Housing Finance Agency (FHFA) announced changes to loan modification terms for COVID-19 impacted borrowers with mortgages backed by Fannie Mae or Freddie Mac needing payment reduction for successful home retention.
30 Jun 2021
Freddie Mac: Guide Bulletin 2021-24: Servicing Updates
Freddie Mac announced the upcoming expiration of the COVID-19 foreclosure moratorium, temporary changes to Freddie Mac Flex Modification® for Borrowers with a COVID-19 hardship and updates to PAID.
30 Jun 2021
FHFA: Protecting Borrowers After COVID-19 Moratoriums End
The FHFA announced that servicers of mortgages backed by Fannie Mae and Freddie Mac will not be permitted to make a first notice or filing for foreclosure that would be prohibited by the Consumer Financial Protection Bureau’s (CFPB) Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act, Regulation X Final Rule before it takes effect.
29 Jun 2021
FHFA: Three Staffing Updates Announced
The Federal Housing Finance Agency (FHFA) announced new appointments to the leadership team for longtime FHFA staff Naa Awaa Tagoe, Daniel E. Coates, and Danielle Walton.
28 Jun 2021
FHFA: COVID-19 Foreclosure and REO Eviction Moratoriums Extended
The FHFA announced an extension of the moratoriums on single-family foreclosures and REO evictions through July 31, 2021.
24 Jun 2021
Freddie Mac: Guide Bulletin 2021-23: COVID-19 Moratorium Extension
Freddie Mac announced an extended effective date (July 31, 2021) for the COVID-19 foreclosure moratorium.
24 Jun 2021