Government

Several leading Democrats called on both the Treasury and the Federal Reserve to aid in liquidity shortfalls.

One economist said the recent drop in homebuilder sentiment may be the “tip of the iceberg” and a further pull-back in housing construction is expected.

According to the Bureau, the final rule will reduce regulatory burden on smaller institutions to help those institutions to focus on responding to consumers in need now and in the longer term.

Treasury Secretary Steven Mnuchin stated that the Treasury Department has had discussions with the Federal Housing Finance Agency about the mortgage market.

The joint initiative by the Federal Housing Finance Agency and the Consumer Financial Protection Bureau allows the agency to share servicing information to protect homeowners during COVID-19. 

A growing number of lawmakers are seeking the federal government's assistance to provide a liquidity facility for mortgage servicers.

Payment deferral programs designed to provide relief to homeowners during the current COVID-19 crisis must also balance the needs of maintaining mortgage market stability.

The Federal Reserve announced that it would alter its standard supplementary leverage ratio rule. This move would make it easier and accessible for banking organizations to be able ...

The FHFA’s Director gave an exclusive interview to DS5: Inside the Industry, speaking on the steps the agency is taking to help homeowners and servicers during the outbreak of COVID-19.

In a new white paper, the former Director of the Consumer Financial Protection Bureau outlined his proposal for preventing economic hardships.