Some 4.7 million Americans are under a pandemic-related forbearance plan. However, the pace of new requests seems to have slowed.

The House Financial Services Committee has asked servicers to disseminate consistent information about pandemic-related forbearance options.

VA mortgage companies are gearing up for an increase in purchases as lock-down orders for military personnel will be lifted starting June 30.

The industry has once again written to Congress requesting that guarantee fees be used only as originally intended: as a critical risk management tool to protect against potential mortgage credit losses.

Asked what levels of capital would be necessary in order to release Fannie and Freddie from conservatorships, Treasury and FHFA said it is “premature” to comment on specific levels.

For allowing FHLB membership, FHFA wants to know what specific financial requirements should be enforced and how existing members would be impacted.

Just like previous budgets proposed by President Trump, the 2021 version stands little chance of getting passed by Congress. But it does provide a win-dow into the administration’s priorities.

FHFA Director Mark Calabria said he would be willing to wipe out Fannie Mae and Freddie Mac shareholders if needed to ensure taxpayers don’t have to bail out the mortgage giants again.

According to analyst Jaret Seiberg, the risks posed by the Supreme Court’s decision explains why FHFA is considering releasing Fannie and Freddie from conservatorship via a consent decree.