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Servicers Expect End of COVID Forbearance to be Manageable

September 23, 2021
Brandon Ivey
Many of the borrowers facing the end of their forbearance plans are struggling financially. Servicers say they’re ready to help, and for those who can’t resume payments there’s home price appreciation to bank on.
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Waters Pushes for Thompson as Permanent FHFA Leader

September 23, 2021
Dennis Hollier
Progressives call on Biden to pick Sandra Thompson, the first African American and the first woman to head the agency, for the top position. Not incidentally, she may also be the most qualified for the job.
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Industry Wants More Details on Employee Vaccination Mandates

September 23, 2021
Monica Hogan
The Department of Labor is developing a temporary standard that will require employers with 100 or more employees to ensure all workers are vaccinated against COVID or show a negative test at least once a week.
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Industry, Regulators Ponder Climate Change Disclosures

September 23, 2021
Monica Hogan
As federal regulators consider ways to oversee how mortgage lenders disclose climate change risk to borrowers, industry participants warned of unintended consequences if the rules aren’t carefully crafted.
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MBA Aims to Help Close Racial Homeownership Gap

September 23, 2021
Monica Hogan
The industry trade group has announced a new policy initiative to help minority families build generational wealth through homeownership.
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MBA’s RIHA Releases Climate Change Report

September 23, 2021
Monica Hogan
Lenders looking to incorporate climate risk indicators into their risk models are flummoxed by the plethora of unproven options.
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FHFA to ‘Refine’ Parts of GSEs’ Capital Rule

September 17, 2021
Dennis Hollier
The changes would reduce Fannie’s and Freddie’s capital requirements and increase incentives to issue CRT transactions.
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Freddie to Buy Back Certain CRT Notes

September 17, 2021
Dennis Hollier
The mortgage giant last week announced its first-ever cash tender offer for its signature CRT product — Structured Agency Credit Risk debt notes.
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Freddie Provides Protections for Manufactured Housing Communities

September 17, 2021
Dennis Hollier
Homeowners in manufactured housing communities will no longer have to relocate their house before selling it. Also, the seller will have the right to sublease the pad site to the new owner.
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Bank Mortgage Repurchases Drop in 2Q21, Reports Show

September 17, 2021
John Bancroft
A sharp drop in bank mortgage repurchases from the first to the second quarter was due mostly to one institution: USAA Federal Savings Bank. (Includes data chart.)
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