Housing Headlines
Lawmakers Weigh Relief for U.S. Homeowners Facing Balloon Payments
WASHINGTONāLawmakers are considering ways to provide more relief for millions of homeowners who have taken advantage of a government offer to suspend mortgage payments amid the coronavirus pandemic.
Which States Are Doing a Better Job Protecting Renters from Being Evicted During the Coronavirus Pandemic
For millions of renters who have lost income, rent day on May 1 is a looming disaster. A majority of the countryās 43.8 million renting households have lost at least some of their income in...
Federal Help for Mortgage Servicers Can and Must Also Reach Renters and Owners
ByĀ Stockton Williams and Gene Slater Recent moves by Ginnie Mae and the Federal Housing Finance Agency to help mortgage servicers meet some of their short-term financial needs fail to defuse...
Housing Regulator Takes Step to Ease Crunch at Mortgage-Finance Companies
WASHINGTONāA U.S. housing-finance regulator on Wednesday announced steps to ease strains on mortgage companies facing a cash crunch as millions of Americans suspend their monthly payments amid...
Excluded From Bailouts, Mortgage Servicers Face Cash Crunch
Washington ā Federal policymakers have rushed to backstop nearly every corner of the financial systemĀ as the coronavirus exacts a bruising toll on the U.S. economy. But there is growing concern...
Fannie, Freddie May Soon Buy Home Loans in Forbearance to Help Mortgage Firms
A top U.S. regulator is considering taking steps to ease strains on mortgage companies facing a cash crunch as millions of Americans struggling with the fallout from the coronavirus suspend their...
Housing and Civil Rights Coalition Demands Federal Liquidity Facility for Servicers
A coalition of housing advocacy groups, national and regional civil rights organizations and minority-focused real estate trade associations, joined by formerĀ Mortgage Bankers AssociationĀ chief...
Mnuchin Under Growing Pressure to Help Struggling Mortgage Companies
Treasury Secretary Steven Mnuchin is under growing pressure from industry officials and members of Congress to ease strains on mortgage companies as millions of borrowers skip their monthly payments...
Fannie, Freddie Unlikely to Aid Mortgage Companies as Payments Dry Up, FHFA Chief Says
Mark Calabria, who leads the Federal Housing Finance Agency, described industry concerns as āspin.ā In an interview on Tuesday, he also said he doesnāt see it as the role of government-backed...
Federal Reserve Takes Additional Actions to Provide Up to $2.3 Trillion In Loans to Support The Economy
The Federal Reserve, on April 9, took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the...