The GSEs will expand eligibility for loan modifications by revising mark-to-market LTV ratio-based requirements and using a step-by-step process until the borrower’s P&I payment is reduced by 20%.

The GSEs may not purchase mortgages for working farms or ranches, but they do buy mortgages for residential property in rural settings — even if they have some agricultural characteristics.

Lora McCray joins the American Bankers Association.

Fed researchers say most mortgages will remain out of the money for the foreseeable future, which means redemptions of MBS in the Fed’s portfolio may remain below the cap of $35 billion per month.

Insurance companies were some of the largest originators of mortgages when the FHLBanks were created, but that’s no longer the case.

FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.

Federal Housing Finance Agency researchers recently updated the number of home sales lost to the “lock-in” effect to 1.7 million units.

With Diana Reid taking charge as CEO of Freddie Mac, women now run four of the most important agencies in housing finance.

Although a Republican victory in November might revive efforts to release the GSEs from conservatorship, this would likely be a multi-year effort, according to the former FHFA director.

A new FHFA dashboard shows the correlation between GSE acquisitions and geography-focused risks associated with natural disasters.