A regulatory interpretation released this week by FHFA involving cooperativas in Puerto Rico may begin the formal implementation of key recommendations in its review of the FHLBank system.
Cloud computing may have played a key role in helping Fannie overcome deficiencies related to its ability to continue operations in the wake of a disaster or other business interruption.
Critics argue that the new title insurance waiver pilot would only apply to wealthy homeowners. However, one tech title company said it could lower closing costs for most buyers under 120% AMI.
Fannie Mae and Freddie Mac shareholders may finally get some modest compensation for FHFA’s decision to allow Treasury to seize all of the profits of the government-sponsored enterprises.
Lenders argue that the cumulative cost of verification of income and employment, especially the electronic kind, is unreasonable and should be scrutinized by FHFA.
Mortgage industry stakeholders said Freddie Mac’s pilot program to alleviate repurchase requests is a better option than Fannie Mae’s new notice of potential defect.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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