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Housing Headlines

Housing Headlines

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 former Mortgage Bankers Association 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 “spin.” In an interview on Tuesday, he also said he doesn’t 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...

The Coronavirus is Exposing America’s Housing Crisis

Just as Americans are being instructed to stay home, it’s becoming one of the hardest things to afford. On March 31, about 300 tenants received an email from their apartment management company. The...

HUD Moves Quickly To Make $3 Billion of COVID-19 Relief Funding Available To Communities Across The Nation

After the President signed the CARES Act last Friday, Secretary Ben Carson directed the U.S. Department of Housing and Urban Development (HUD) to immediately begin allocating $3.064 billion to help...

U.S. Holds Off on Extending Virus Aid to Mortgage Servicers

U.S. regulators are holding off on helping mortgage servicing firms that could be hit with a surge of missed payments from borrowers hurt by the coronavirus crisis, according to people familiar with...

HUD Issues New Cares Act Mortgage Payment Relief for FHA Single Family Homeowners

Washington -  On April 1, the U.S. Department of Housing and Urban Development announced a tailored set of mortgage payment relief options for single-family homeowners with FHA-insured mortgages who...

FHFA Authorizes the Enterprises to Support Additional Liquidity in the Secondary Mortgage Market

​Washington, D.C.– Today, to help support immediate needs for liquidity in the secondary mortgage market, the Federal Housing Finance Agency (FHFA) has authorized Fannie Mae and Freddie Mac (the...

Fed Announces Unlimited Bond Purchases in Unprecedented Move to Help U.S. Economy Weather Coronavirus Meltdown

The Federal Reserve announced Monday an unlimited expansion of bond purchasing programs to backstop the U.S. economy, as millions of American households and businesses are getting crushed by the...