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Working appraisers say government efforts to curb discrimination are pressuring them to inflate values, putting banks and borrowers at risk.

An extension would give the companies an additional six months beyond a current March deadline to complete the transaction.

Speaking at an event hosted by the Council on Foreign Relations, Federal Reserve Gov. Christopher Waller said the Federal Reserve has a long runway for its balance sheet reduction.

Federal Reserve Bank of New York President John Williams said officials have not completed their aggressive tightening campaign to reduce stubborn price pressures.

The Consumer Financial Protection Bureau expects mortgage servicers to offer streamlined loss mitigation options to borrowers experiencing financial hardship — even if it's not related to COVID-19.

Fannie Mae has selected five organizations to share in a $5 million pilot program aimed at expanding and promoting affordable housing and Black homeownership.

Both government and conventional activity have picked up to start the year, as higher conforming amounts came into effect.

Issuances decreased over 10% annually, while at the same time, builders are still seeing shortages of many materials, according to the National Association of Home Builders.

Higher conforming loan limits for Fannie and Freddie, a review of the FHLB system and revised multifamily lending goals are among the recent FHFA developments.

Three-quarters of bank financial officers said they would very likely turn to Federal Home Loan bank advances to boost falling reserve balances. The top priority was to meet liquidity requirements set in stress tests.