Fannie's lender-letter states: "We are temporarily suspending bulk transactions"...

In addition, Fannie and Freddie have helped reduce face-to-face interactions during the closing process by expanding the use of powers of attorney and remote online notarizations.

Fannie CEO Hugh Frater sees the COVID-19 forbearance count rising to 15% in the second quarter.

In a press briefing early Thursday, company CEO David Brickman noted that the number of forbearance requests have increased “significantly,” adding that he expects the readings to continue to rise.

Calabria, in a new letter to seven trade groups, began by saying the FHFA hasn’t been idle during the COVID-19 emergency...