The coming surge in mortgage modification defaults
This article forecasts a surge in mortgage modifications in the wake of the coming expiration of foreclosure moratoriums — which will in turn lead to a rise in re-defaulting borrowers.
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Tag: Federal Housing Finance Agency (FHFA)
Multi-family forbearance programs extended until September 2021
Multi-family property owners with mortgages backed by Fannie Mae and Freddie Mac may now extend their forbearance programs up to September 2021.
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FHFA puts off credit score overhaul
The current credit score model is outdated and not changing anytime soon.
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Redesigned Uniform Residential Loan Application (URLA) finalized
Proposed changes to the URLA have been finalized and published.
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FHFA to increase mortgage limits
Now that average home prices have risen, the FHFA is increasing maximum loan limits for 2017.
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Needed changes to the Uniform Residential Loan Application (URLA) unveiled
Check out changes to the new URLA.
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FHFA introduces overdue program for underwater homeowners
See why the new principal reduction program is unlikely to help California homeowners.
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FHFA Index shows California home price changes by region
California average home prices are currently 21% below their Millennium Boom peak, according to...
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FHFA to relax standards
How do you get lenders to loan more money — without pushing the housing market towards a cliff?
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PACE program for energy improvements gets a boost
Homeowners have a new way to qualify for financing covering energy-saving improvements.
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New Fannie Mae/Freddie Mac mortgage rules to reduce buyer purchasing power
New mortgage guarantee increases will cause mortgage rates to rise.
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A glance back and a glimpse of the future: first tuesday’s 2013 year in review
For our 2013 year in review, we look back over a year rife with risky speculation, serious price inflation, discontent with the trade unions and some robust of regulation.
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“Help” is a relative term at the FHFA
The Federal Housing Finance Agency (FHFA) announced a most auspicious milestone: “more than 3 million homeowners helped by foreclosure prevention programs.” We don’t buy it.
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Big changes for the secondary mortgage market
In the world of secondary mortgage market reform, we’ve got good news and bad news. Which would you like to hear first?
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Fannie Mae and Freddie Mac are failures — now what?
We know that Fannie Mae and Freddie Mac are broken. But is there a viable plan for their restructuring? Who do we trust to reform the secondary mortgage market?
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Automatic loan modifications begin. Will mods nibble at negative equity’s heel?
Yet another federal home-loan recovery program enters the stimulus mix.
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Ding, dong DeMarco’s gone!
President Obama has nominated a new Director for the Federal Housing Finance Agency (FHFA).
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Out with DeMarco, in with cramdowns
Attorneys general from nine states — including California’s own Kamala Harris — have called for the replacement of the Federal Housing Finance Agency’s (FHFA’s) acting director, Edward DeMarco. The FHFA dictates the actions of Fannie Mae and Freddie Mac (Frannie).
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In principle, Frannie can’t cram either
Did the Federal Housing Finance Agency (FHFA) make the right decision by banning cramdowns? No...
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Reports suggest FHFA killed cramdowns without cause
A recent letter from Congress to the Acting Director of the Federal Housing Finance Agency (FHFA)...
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