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.

She’s not a brain surgeon, but a Democratic legislator from the Rust Belt. Midweek, Joe Biden revealed Rep. Marcia Fudge as his pick for Housing secretary.

House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced.

In testimony before lawmakers, both Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell stressed that time and care is needed to raise capital before the GSEs exit conservatorship.

Regulatory reforms initiated after the 2008 financial crisis seemed to work as intended during the COVID-19 downturn, according to participants at the ABS East conference.