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The notice of proposed rulemaking was mandated by the Dodd-Frank regulatory relief act passed in 2018.55m ago
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The mortgage insurer is receiving $528 million of coverage in the event of defaults in a $44 billion loan pool.4h ago
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Tom Pahl, a former longtime regulator at the Federal Trade Commission, has led key rulemaking efforts for the consumer bureau.4h ago
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Mortgage industry hiring and new job appointments for the week ending July 3.6h ago
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Mortgage insurers had been operating under the belief that rules pertaining to natural disaster delinquencies apply with COVID-19, but now it's in writing.July 1
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The collateral in the $338 million also includes a large subset of mortgages (45% of the pool) that are considered "dirty current" loans with recent delinquent status.July 1
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The nonprofit, formed with the encouragement of government agencies to address borrower hardships in 2007, uses a model that has been challenged by the current crisis.July 1
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Lenders and servicers' biggest pandemic challenges revolve around clarity for loan eligibility and understanding options for their borrowers once the forbearance period ends.July 1
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Multifamily borrowers with loans from Fannie Mae and Freddie Mac will get an extended break for coronavirus-related hardships if they continue to give their tenants relief as well.June 30
