The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.

Based on language in the CARES Act, it was possible that the enrollment period for forbearance on federally-backed mortgages would end on Dec. 31.

The number of loans in forbearance increased during mid-December and could decline in early January, according to Black Knight.

The agreement comes at a curious time: Servicing prices have suffered during the pandemic but are beginning to improve. In other words, bargains may be hard to find.

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.

The agency said it will propose revisions to loss mitigation-related provisions under Regulation X...

Mark Calabria: “Requiring the enterprises to develop living wills helps FHFA fulfill its responsibility to ensure that the failure of an enterprise would harm neither taxpayers nor the mortgage market.”

The combined market for Fannie and Freddie single-family MBS grew 3.7% in the third quarter and a hefty 9.5% over the past year.

A boon to subservicers: small- to medium-sized lenders hanging onto their MSRs...

Missing in action: assistance to help servicers with MBS advances...