Fannie Mae and Freddie Mac have updates servicers on their new deferral requirements. Learn what other comments the GSE has made to help borrowers impacted by COVID-19.
Read More »Pelosi’s Proposal Would Halt Mortgage Payments
Stocks soared on Tuesday as talks of a stimulus bill brought optimism. Click through to read more on the plan.
Read More »Fed to Purchase MBS ‘In the Amounts Needed’
Click through to learn more about the additional measures the FHFA and the U.S. Department of the Treasury are taking to improve liquidity and credit during the COVID-19 outbreak.
Read More »GSEs, FHFA Announce Additional Measures to Help Homeowners
Click through to learn more on the programs being put in place by Fannie Mae, Freddie Mac, and other agencies to combat the spread of COVID-19.
Read More »Andrew Cuomo Announces Mortgage Payment Relief
“We’re not exempting people from the mortgage payments, we’re just adjusting the mortgage to include those payments on the backend,” the New York Governor said.
Read More »Timeline for HUD, FHFA’s Suspension of Foreclosure and Evictions Clarified
Both agencies released a statement saying the policy will extend at least 60 days, which differs slightly from what President Trump announced Wednesday morning.
Read More »Steve Mnuchin: Unemployment Could Hit 20%
With homeowners seeking relief and the government looking to assist, the Treasury Secretary said Tuesday the economic impact of COVID-19 coil dbe worse that the Great Recession.
Read More »Trump Discusses Mortgage Moratorium Due to COVID-19
The White House would have to find out how to advance money to servicers so investors in MBS can get their guaranteed payments.
Read More »Federal Reserve Official Says Negative Interest Rates Unlikely
While homeowners seek additional relief due to the effects of COVID-19, the Treasury Secretary said the government is “looking at sending checks” immediately.
Read More »Fed Unveils Emergency Lending Program
The Federal Reserve's Commercial Paper Funding Facility is intended to assist in the flow of credit to a range of economic activities, including mortgages.
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