HUD: FHA Real-Estate Owned Property Purchase Opportunities Expanded for Owner-Occupied Buyers

Expanded exclusive listing period increases priority purchase opportunities on HUD-owned single-family homes for owner-occupants, HUD-approved nonprofits, and governmental entities. The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, […]

HUD: Disaster Assistance Announced for Missouri Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Missouri affected by severe storms, straight-line winds, and tornadoes on December 10, 2021.  On January 11, President Biden issued a major disaster declaration for […]

HUD: Disaster Assistance Announced for Washington Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state, tribal, and local recovery efforts in the areas affected by flooding and mudslides from November 13 to November 15, 2021. On January 5, President Biden issued a major disaster declaration for the […]

HUD: Disaster Assistance Announced for Arkansas Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in Arkansas affected by severe storms and tornadoes from December 10 to December 11, 2021. On December 24, President Biden issued a major disaster declaration to make Federal funding available to affected individuals […]

HUD: Disaster Assistance Announced for the Confederated Tribes of Colville Reservation Wildfires Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Confederated Tribes of the Colville Reservation affected by wildfires from July 12 to August 8, 2021. On December 22, President Biden issued a major disaster declaration for the Confederated Tribes of […]

FHFA: Report on Enterprise Single-Family Guarantee Fees in 2020 Issued

The Federal Housing Finance Agency (FHFA) today issued its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). Guarantee fees are intended to cover the credit risk and other costs that the Enterprises incur when they acquire single-family loans from lenders. These costs include projected […]

FHFA: Third Quarter 2021 Foreclosure Prevention and Refinance Report Released

More than 6.2 million homeowners helped since conservatorship The Federal Housing Finance Agency (FHFA) today released its third quarter 2021 Foreclosure Prevention and Refinance Report​. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who […]

OCC: Bulletin Issued on Revised Interagency Examination Procedures for HMDA

The Office of the Comptroller of the Currency (OCC) today issued the revised interagency Home Mortgage Disclosure Act (HMDA)1examination procedures for determining compliance with HMDA and its implementing regulations. Rescission This bulletin rescinds OCC Bulletin 2010-8, “Compliance Policy: Revised Home Mortgage Disclosure Act Examination Procedures.” OCC Bulletin 2019-19, “Home Mortgage […]