Banks required balloon payments, stayed mum on foreclosure moratorium
Big banks led some consumers into financially risky mortgage agreements instead of offering the full relief program touted by...
federal housing finance agency
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National Cheat Sheet: Trump names new FHFA head, Cohen gets 3 years in prison, Sears shops stores … & more
Trump picks Pence’s chief economist to lead Federal Housing Finance Agency The Federal Housing Finance Agency is getting a new director. President Donald Trump...
Freddie Mac, Fannie Mae regulator under investigation for sexual harassment
An employee is accusing the director of the Federal Housing Finance Agency, Mel Watt, age 72, of repeatedly sexually...
This battle over credit scores could shake up the mortgage market
Millions in home mortgages may be on the line as the Federal Housing Finance Agency debates whether to accept...
Fannie and Freddie to keep $3B in reserves
Fannie Mae and Freddie Mac, the country’s two dominant mortgage giants, will get to keep $3 billion in capital in an agreement reached by the U.S. Treasury Department and the Federal Housing Finance Agency....
FHFA head Mel Watt plans to stay on under Trump
Mel Watt, the head of the federal agency overseeing Fannie Mae and Freddie Mac, said he plans to stay...
When will Fannie, Freddie switch to new credit-scoring model?
You probably know that your credit score is a crucial factor in your ability to qualify for a mortgage....
FHFA extends post-crash mortgage refinance program
In a boost to highly leveraged homeowners, Fannie Mae and Freddie Mac extended a mortgage refinance program by another...
Former FHFA head wants to turn Fannie, Freddie into insurance companies
A former head of the Federal Housing Finance Agency wants to turn the government-backed mortgage giants Fannie Mae and Freddie...
Insurance for your down payment coming soon
When you put down thousands of dollars to purchase a home, you’re taking a potentially serious financial risk: You could lose some or all of that money if the value of the house declines...