FHFA Archives

NAR, MBA ask for clarification on underwriting rules

March 28, 2024 mpsingh No Comments Real estate Commission Lawsuit, Featured Homepage, FHA, FHFA, MBA, Mortgage Bankers Association, NAR, National Association of Realtors, rules

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) to home purchase transactions. In a letter addressed to Federal Housing Finance Agency (FHFA) director Sandra Thompson, Fannie Mae CEO Priscilla Almodovar, Freddie Mac CEO Michael DeVito, and Federal [...]read moreNAR, MBA ask for clarification on underwriting rules

FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions in the fourth quarter of 2023, according to a new report published by the Federal Housing Finance Agency (FHFA). Over the course of 2023, the government-sponsored enterprises (GSEs) completed 192,897 foreclosure prevention actions. This brought the total to 6.905 million since the start of the [...]read more