FHFA

FHFA chief: Coronavirus-related delinquencies could outnumber subprime

04/01/20

Federal Housing Finance Agency Director Mark Calabria said a virus-induced financial crisis might give rise to more delinquencies and foreclosures than the 2007 subprime mortgage meltdown.

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Calls to cease non-coronavirus rulemaking grow louder

03/31/20

The ICBA chief’s plea for a six-month halt to regulations not related to the pandemic followed similar calls by community groups and a key Senate Democrat.

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April wave of missed payments could upend mortgage servicers

03/24/20

With economists fearing high unemployment stemming from the pandemic, the housing finance system is grappling with how it will recoup lost revenue from delinquencies, forbearance plans and other tremors.

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Long-term crisis could put GSEs on unsteady ground, FHFA chief says

03/19/20

Mark Calabria said Fannie Mae and Freddie Mac are currently equipped to handle elevated delinquencies, but they might need congressional or Federal Reserve help if fallout from the coronavirus persists.

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Regulator predicts delay in GSE capital rule due to pandemic

03/18/20

FHFA Director Mark Calabria said the health crisis will complicate the release of a proposal establishing new capital requirements for Fannie Mae and Freddie Mac.

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Trump administration to halt foreclosures as pandemic worsens

03/18/20

The temporary foreclosure moratorium on loans backed by HUD, Fannie Mae and Freddie Mac comes after lawmakers and housing advocates had pushed for steps to avoid consumers getting booted from their homes.

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Bank regulators are open for business, but not business as usual

03/16/20

The agencies were up and running Monday but have taken steps to allow employees to work from home.

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Calls mount for U.S. to halt foreclosures, evictions amid health crisis

03/15/20

A national moratorium would be costly to lenders and servicers, but proponents say it's needed to help cushion the economic blow of the pandemic.

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Democrats urge regulators to offer lenders more coronavirus guidance

03/09/20

Sen. Mark Warner led a group of Democratic senators in calling on bank, credit union and GSE regulators to give detailed instructions on helping consumer and commercial borrowers hurt by the COVID-19 outbreak.

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Should regulators close the door to new FHLB entrants, or open it wide?

03/01/20

An effort by the Federal Housing Finance Agency to examine membership rules for the Federal Home Loan Bank System is reigniting an argument over whether to allow more nonbanks in or impose tougher barriers.

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