Within the mortgage industry, brokers appear to be the majority of borrowers under the Paycheck Protection Program, with 601 companies submitting successful applications.

By ruling the CFPB single-directorship unconstitutional, the Supreme Court had set in motion a myriad of future legal and political changes for the bureau and other federal agencies, like the FHFA.

Loans to more than 1,000 mortgage-related companies are purported to have saved as many as 61,235 jobs in the industry.

The high court decision could impact how other independent federal agencies — such as the Federal Housing Finance Agency — operate.

Time is of the essence if FHFA Director Mark Calabria wants Fannie and Freddie irrevocably out of conservatorship before a possible change in administrations in November.

Unemployment benefits appear to have kept the real estate market from crashing, according to FHFA Director Mark Calabria.

The MBA argues that FHLB advances would offer REITs a cheap alternative to repo financing. One way to offset the added risk posed by REITs would be to increase the haircuts on their collateral requirements.

The steep fees to sell forbearance loans to the GSEs have led to tighter underwriting standards, which disproportionately impact borrowers of color, House Financial Services Committee Chair Maxine Waters said.

According to charges filed by an FHFA special agent, the defendant submitted fraudulent PPP loan applications to two Federal Home Loan Banks.