Tag: Freddie Mac

Fannie, Freddie, FHA Extend Single-Family Eviction Moratorium Through Sept. 30

Filed in Housing Finance by on July 30, 2021 0 Comments
Fannie, Freddie, FHA Extend Single-Family Eviction Moratorium Through Sept. 30

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac are extending the moratorium on single-family real estate owned (REO) evictions until Sept. 30, 2021. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions.

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To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

In a move to ease costs for borrowers who refinance, the Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries effective Aug. 1, 2021.

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FHFA Issues Policy Statement on Fair Lending

Filed in Housing Finance by on July 1, 2021 0 Comments
FHFA Issues Policy Statement on Fair Lending

The Federal Housing Finance Agency (FHFA) today issued a policy statement on fair lending that communicates FHFA’s fair lending expectations for Fannie Mae, Freddie Mac and the Federal Home Loan Banks and outlines FHFA’s fair lending oversight and enforcement to ensure compliance with the law.

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Biden Replaces FHFA Director Following Supreme Court Ruling

Filed in Advocacy, Housing Finance by on June 23, 2021 2 Comments
Biden Replaces FHFA Director Following Supreme Court Ruling

President Biden moved quickly to replace Federal Housing Finance Agency (FHFA) Director Mark Calabria after the U.S. Supreme Court ruled today that the FHFA director can be removed at will. This evening he named Sandra  L. Thompson as Acting Director of FHFA.

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FHFA Extends COVID-19 Multifamily Forbearance Through Sept. 30, 2021

FHFA Extends COVID-19 Multifamily Forbearance Through Sept. 30, 2021

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through Sept. 30, 2021, subject to the continued tenant protections FHFA has imposed during the pandemic. The programs were set to expire June 30.

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FHFA Seeks Input on Eligibility Requirements for Short-Term Rental Units

Filed in Advocacy, Housing Finance, Multifamily by on May 7, 2021 0 Comments
FHFA Seeks Input on Eligibility Requirements for Short-Term Rental Units

The Federal Housing Finance Agency (FHFA) yesterday issued a Request for Input on Fannie Mae and Freddie Mac’s eligibility requirements for mortgages in condominium, cooperative, and planned unit development projects where a large portion of units are offered for short-term rental (30 days or less) or are used primarily for the purpose of vacation or recreational lodging.

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CFPB Delays Mandatory Compliance Date for General QM Rule

Filed in Advocacy, Housing Finance by on April 28, 2021 0 Comments
CFPB Delays Mandatory Compliance Date for General QM Rule

The Consumer Financial Protection Bureau (CFPB)  has formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to Oct. 1, 2022.

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CFPB Seeks to Delay Mandatory Compliance of General QM Rule

Filed in Advocacy, Housing Finance by on March 3, 2021 0 Comments
CFPB Seeks to Delay Mandatory Compliance of General QM Rule

The Consumer Financial Protection Bureau (CFPB) today proposed to delay the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to Oct. 1, 2022.

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FHFA Authorizes More than $1 Billion for Affordable Housing Funds

Filed in Advocacy, Housing Affordability, Housing Finance by on March 1, 2021 1 Comment
FHFA Authorizes More than $1 Billion for Affordable Housing Funds

The Federal Housing Finance Agency (FHFA) announced today a $1.09 billion disbursement for Fannie Mae and Freddie Mac affordable housing allocations for 2020. This is the largest amount ever disbursed and more than double what was provided last year.

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Fannie Mae, Freddie Mac Extend Foreclosure, Eviction Moratoriums

Filed in Advocacy, Housing Finance by on February 26, 2021 0 Comments
Fannie Mae, Freddie Mac Extend Foreclosure, Eviction Moratoriums

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will extend their moratorium on single-family foreclosures and evictions until June 30, 2021.  The foreclosure moratorium applies to Fannie Mae and Freddie Mac-backed single-family mortgages only. The eviction moratorium applies to properties that have been acquired by Fannie and Freddie through foreclosure or deed-in-lieu of foreclosure transactions.

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