While appraisal actions sharply increased from 2019 to 2020, the number of licensed appraisers remained unchanged.

The GSEs plan to increase loan purchases in all three DTS categories: manufactured housing, rural areas and affordable preservation.

New multifamily caps, announced in November, also included changes to the definition of “mission-driven.”

The program has accounted for a cumulative savings of 827 million gallons in water consumed and 152 million kilo-BTUs in energy savings.

Treasury Secretary Steven Mnuchin said he is “not going to do anything that jeopardizes taxpayers.” But his real concerns? How to adequately capitalize Fannie and Freddie first.

The GSEs have consistently exceeded their affordable housing goals. Is it time to raise them?

Section 4022, which covers forbearance under the CARES Act, does not include an explicit end date. According to the CSBS, this has led many to assume it ends on Dec. 31. The truth is less certain.

Going forward, mortgages will qualify for the QM safe harbor if the annual percentage rate on the loan doesn’t exceed the average prime offer rate by more than 150 bps.

Treasury Secretary Steven Mnuchin suggested in a Senate hearing that Fannie and Freddie may not have enough capital to exit conservatorship before Trump leaves office.

The FHFA has directed the GSEs to extend moratoriums on single-family foreclosures and real estate-owned evictions. The move is likely to cost the two mortgage giants between $1.1 billion and $1.7 billion.