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Housing Headlines

Housing Headlines

Housing Regulator Takes Step to Ease Crunch at Mortgage-Finance Companies

WASHINGTON—A 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 — Federal policymakers have rushed to backstop nearly every corner of the financial system 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 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...