Fannie Mae CEO Frater to Retire, Board Chair Bair Resigns
Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and [...]
Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and [...]
Additional American Rescue Plan funds have been granted by HUD to Fair Housing Initiatives Program agencies to fight pandemic-related housing discrimination practices. The post HUD Releases Nearly $3.3M to [...]
Four of the six components of Fannie Mae’s latest Home Purchase Sentiment Index fell due to growing concern about the direction of mortgage rates. The post Consumers Growing Pessimistic [...]
Shayna Arrington of The Money Source discusses how the servicing industry has handled the array of pandemic-related rules and regulations, and how collaboration has made the servicing space a [...]
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure [...]
It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone equally—Americans [...]
In 79% of counties nationwide, median-priced single-family homes were found to be less affordable in Q1 compared to historical averages, according to the Q1 2022 U.S. Home Affordability Report [...]
New announcement will require servicers with GSE-backed mortgages backed to delay the foreclosure process for up to 60 days. The post FHFA Suspends Foreclosures on Borrowers Who Applied for [...]
Sandra L. Thompson, Acting Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs. [...]
Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure [...]