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.

Consumer advocates believe the CFPB has made the complaint database less useful...

Mortgage credit supply in August fell to its lowest level in six year, driven by a reduction in supply from both conventional and government segments t, according to a recent tally by the Mortgage Bankers Association.

The FHA lowered payment history requirements for borrowers with previous forbearance to refinance their loans in order to aid the housing market. The changes are for purchase and rate-term refi loans.

The CFPB's latest supervisory highlight report demonstrated the agency's renewed interest in fair lending issues.

A coalition of groups representing lenders and some consumer advocates endorsed many aspects of the CFPB's proposal to replace the QM patch.

The National Fair Housing Alliance called HUD’s new Preserving Community and Neighborhood Choice rule a “major step backwards in the ongoing fight for fair housing.”