FHFA: Buying Loans in Forbearance and COVID-Related Loan Processing Flexibilities Further Extended

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend buying qualified loans in forbearance and several loan origination flexibilities until October 31, 2020.  The changes are to ensure continued support for bor​rowers during the COVID-19 national emergency. The flexibilities were set […]

FHFA: Second Quarter Foreclosure Prevention and Refinance Report Released for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) today released its second quarter 2020 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 252,014 foreclosure prevention actions in the second quarter of 2020, bringing to 4.68 million the number of troubled homeowners who have […]

FHFA: Updates to Public Use Databases for Fannie Mae and Freddie Mac Announced

The Federal Housing Finance Agency (FHFA) has released new and revised datasets for the Public Use Databases​ (PUDBs) of single-family and multifamily mortgage acquisitions by Fannie Mae and Freddie Mac (the Enterprises). New data for 2019 are now available as well as final versions of data for 2018 that replace the […]

FHFA: Input Requested on Strategic Plan for Fiscal Years 2021-2024

The Federal Housing Finance Agency (FHFA) is requesting input on its Strategic Plan: Fiscal Years 2021-2024 (the Plan), which establishes new goals that are necessary for FHFA to fulfill its statutory duties, including responsibly ending the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). The Plan formalizes FHFA’s, and its regulated entities’, new […]

FHFA: Foreclosure and REO Eviction Moratoriums Extended

Today, to help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least December 31, 2020.  […]

FHFA: $6 Billion in COVID Losses Projected at Fannie Mae and Freddie Mac

Low-Balance Refinances now Exempt; Adverse Market Refinance Fee Implementation now December 1 The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac (the Enterprises) to delay the implementation date of their Adverse Market Refinance Fee until December 1, 2020. The fee was previously scheduled to take effect […]

FHFA: Multifamily Property Owners in Forebearance Now Required to Inform Tenants of Eviction Suspension and Protections

To increase awareness of available tenant protections, the Federal Housing Finance Agency (FHFA) announced today that multifamily property owners with mortgages backed by Fannie Mae or Freddie Mac (the Enterprises) who enter into a new or modified forbearance agreement must inform tenants in writing about tenant protections during the multifamily […]

FHFA: Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended

August 31, 2020 is new expiration date To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) approved an extension of the temporary policy that allows for the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria set by Fannie Mae and Freddie Mac (the […]

FHFA: COVID-Related Loan Processing Flexibilities Extended Through August

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend several loan origination flexibilities until August 31, 2020 to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on July 31, 2020. Extended flexibilities include: […]