The bill includes more than $10 billion in homeowner assistance funding. The vast majority of that would go toward helping borrowers pay their mortgages, property taxes, home insurance and utilities.

With Democrats in control of Congress, Sens. Jack Reed, Sherrod Brown and Patrick Leahy have reintroduced a 2020 bill with an eye toward including some of its language in the American Rescue Plan.

HUD issued a final rule on the much-debated disparate-impact theory in September. A month later, a federal court ordered a preliminary injunction blocking its implementation.

The fund could be modeled after the Hardest Hit Fund, providing funds to state housing finance agencies to help borrowers bring their mortgages current.

Democrats on the Senate Banking Committee are putting pressure on FHFA to answer whether the GSEs’ NPL sales impact homeowners’ access to foreclosure and forbearance protections under the CARES Act.

The new PSPA will allow Freddie Mac and Fannie Mae to continue retaining earnings until they reach the regulatory minimum capital — almost $283 billion combined.

Lenders are likely to see tougher regulatory enforcement in the coming years, along with increased support for affordable housing.

It wasn’t clear if coronavirus forbearance for federally backed mortgages was allowed after the end of 2020. Federal agencies addressed the issue near the end of December, though there’s still uncertainty.

Rates are rising and that means an end to the refi boom? Don’t bet on it.

New legislation would extend zero-downpayment loans to more than 400,000 Guard members.