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Key Words: These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says
Federal Housing Finance Agency Director Mark Calabria told CNBC that ‘it is certainly possible’ the number of delinquencies caused by the coronavirus outbreak could exceed the subprime mortgage crisis in some segments of the market......»»
Borrowers won’t be left behind as Fannie and Freddie privatize, regulator says
For the first time, the Federal Housing Finance Agency called on Fannie Mae and Freddie Mac to strategize exits from conservatorship......»»
Fannie-Freddie"s not buying problem loans has U.S. seeking fix
Fannie Mae and Freddie Mac’s regulator is confronting a fresh crisis for the U.S. housing market: The companies won’t buy recently issued loans that were made to borrowers who already can’t afford... To view the full story, click the title link......»»
Fannie and Freddie will now buy loans in mortgage bailout program, in a bid to loosen lending
The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close......»»
Strained U.S. mortgage firms get support but push for liquidity facility
The U.S. housing regulator on Tuesday provided some long-awaited relief for mortgage firms facing billions of dollars of missed home loan repayments, although industry officials said more liquidity assistance was needed......»»
G7 backs debt moratorium for poor countries if G20 creditors, Paris Club join
Group of Seven (G7) finance officials on Tuesday vowed to continue to act as needed to combat the coronavirus pandemic and stabilize the global economy, and threw their support behind temporary debt relief to the poorest countries......»»
Fannie, Freddie offer break to landlords who halt evictions
Housing finance providers Fannie Mae and Freddie Mac will offer to freeze mortgage payments for owners of multifamily properties if they agree to stop evicting residents during the coronavirus pandemic, their regulator said Monday......»»
Fannie Mae, Freddie Mac will soon let borrowers take out mortgages over $500K
The Federal Housing Finance Agency has raised the maximum conforming loan limit for the fourth straight year......»»
Fannie Mae, Freddie Mac will soon let borrowers take out mortgages over $500K
The Federal Housing Finance Agency has raised the maximum conforming loan limit for the fourth straight year......»»
Regulator says government will ‘wipe out’ Fannie Mae and Freddie Mac shareholders if needed
The comment came during a congressional hearing regarding the Trump administration’s housing finance reform plans......»»
Fannie & Freddie regulator on next steps in mortgage market reform
CNBC's Diana Olick talks with Mark Calabria, director of the Federal Housing Finance Agency, about the administration's next steps in its plan to end the conservatorship of Fannie Mae and Freddie Mac......»»
Trump’s housing finance plan will make mortgages more expensive, especially for black borrowers, housing groups say
The Trump administration’s plan to overhaul the housing finance system would make mortgages more expensive for minority borrowers and aspiring homeowners in the South, the Midwest and rural communities, according to fair housing and lending groups......»»
Housing finance reform battle lines drawn in Senate hearing
There’s bipartisan support for reforming Fannie and Freddie — but not as much agreement on how to approach affordable housing......»»
The Wall Street Journal: Trump administration backs privatizing Fannie Mae and Freddie Mac
The Trump administration said it would support returning mortgage-finance giants Fannie Mae and Freddie Mac to private hands, a development that could keep the companies at the center of the housing market for decades to come......»»
Capitol Report: Fannie, Freddie shareholder payout is part of the reform discussion, regulator says in surprise move
The head of the Federal Housing Finance Agency says there may be a payout for common shareholders of Fannie Mae and Freddie Mac......»»
Capitol Report: Senate confirms Mark Calabria as head of Fannie, Freddie regulator
Mark Calabria was confirmed to take the reins of the Federal Housing Finance Agency Thursday and serve as regulator to Fannie Mae and Freddie Mac......»»
U.S. bank regulator fines Citigroup $25 million for violating fair lending rules
The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it had fined Citigroup $25 million for violating the Fair Housing Act by denying some borrowers preferential rates on the basis of their race, color or other factors......»»
A New Round of Growth is Coming to China
China has moved to support the issuance of rental properties-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stab.....»»
Tax credits to support 620 new and renovated housing units in Central Ohio
Ten housing developments around Central Ohio have landed tax credits. The Ohio Housing Finance Agency voted Wednesday to award its 2018 Housing Tax Credits to 37 projects around the state, including 10 in Central Ohio. The funding will substanti.....»»
Fannie, Freddie regulator head accused of sexual harassment
Mel Watt, the chief of the Federal Housing Finance Agency, which regulates the government-sponsored enterprises that provide liquidity to the housing market, is under investigation for sexual harassment of an employee, Politico reported. An employ.....»»