Nonprofit groups said the new rule will lead to higher guarantee fees, potentially pricing many low-income families and families of color out of the GSE channel.

The move indicates that investors holding certain Fannie Mae and Freddie Mac credit-risk transfers can expect losses.

Homeowners affected by natural disasters can often suspend their payments for up to 12 months without incurring any late fees.

According to the CFPB’s own estimate, as many as 957,000 loans would be affected by the expiration of the patch.

Still, Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, urged the Federal Housing Finance Agency to kill the LLPA outright.

Models using the most likely assumptions about retained earnings, capital requirements and expected returns suggest the GSEs would have unsuccessful public offerings.

The FHFA, which serves as the regulator and conservator of the GSEs, lacks the authority to supervise Fannie’s and Freddie’s third-party cloud service providers.

The first-of-its-kind MBS backed by single-family homes that are energy efficient has been endorsed by Cicero Shades of Green.

Signs of life in the servicing sales arena? A little bit of late, but don’t bet the farm on it.

MBA President Bob Broeksmit argues that the new LLPA “flies in the face of the administration’s recent executive actions urging federal agencies to take all measures within their authorities to support struggling homeowners.”