The bill includes more than $10 billion in homeowner assistance funding. The vast majority of that would go toward helping borrowers pay their mortgages, property taxes, home insurance and utilities.
HUD issued a final rule on the much-debated disparate-impact theory in September. A month later, a federal court ordered a preliminary injunction blocking its implementation.
To meet FHFA’s new mission-driven purchase volume requirements, Freddie Mac will modify its guarantee-fee discounts for low-, very-low- and moderate-income loans.
House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced.
A federal judge found that the government’s failure to provide evidence in a timely manner violated the defendants’ constitutional right to a speedy trial. But the case was dismissed without prejudice.