Borrowers are entitled to forbearance if unable to make their monthly mortgage payment due to the virus, the FHFA has reminded servicers.

Mortgage industry trade groups have once again urged Congress to not allow the use of g-fees to fund non-housing-related activities.

Wells Fargo Securities analysts said if there is going to be a hike in g-fees, it’s likely to be instigated by FHFA Director Mark Calabria.

Even as the percentage of GSE high-DTI loans fell, an odd thing happened: The actual dollar volume of these assets surged.

According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.

Over the past six weeks, Freddie has issued eight multifamily offerings totaling $6.1 billion, and Fannie more than $10 billion.

Although only a minuscule share of GSE loans are subject to buyback requests, officials still keep a spotlight on the issue. Fannie recently refreshed its seller QC self-assessment. (Includes data chart.)

Lawrence Parks, a former FHLB-SF executive, believes an FHLB plan to buy Freddie seems as plausible as other ideas that pass for GSE reform.

Companies will have to shell out $200,000 in application fees for every credit score model they think can compete with the FICO template.

Treasury and FHFA say it is still “premature to comment on specific capital levels” necessary to release the GSEs from conservatorship.