Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."

Although the forbearance program was extended by the FHFA, it still looks expensive to lenders at 500 to 700 basis points...

Once again, the NFIP is on the brink. Will Congress ever get its act together? 

Under the Fed’s plan, a bank’s mortgage lending performance would be evaluated in two ways: a retail test and a community development measurement...

Due to a 2014 change in regulatory accounting policy, banks were required to assign a 100% risk weighting to warehouse loans…

Fannie and Freddie said borrowers can qualify for a reduction or suspension of mortgage payments for up to 12 months. During this time, homeowners will not incur late fees and foreclosure will be suspended.

“Let’s be very clear,” Calabria said. “The CARES Act imposed unfunded costs on Fannie and Freddie,” adding that, by statute, the GSEs are required to recoup those costs via income.

Several industry executives and officials from four state regulatory agencies attended the meeting on remote work flexibility.