FHA extended forbearance by another six months on recent additions to the recovery program and proposed a 40-year loan modification as a loss-mitigation option.
The Government Accountability Office warned the FHA Catalyst technology modernization program faces an increased risk of outspending its planned $91.9 million budget.
MBS and ABS face multiple physical and transition risks from climate change over the short, medium and long term, said panelists at the annual Structured Finance Association conference.
The Downpayment Toward Equity Act, sponsored by Sen. Raphael Warnock, D-GA, would grant up to $25,000 in assistance to first-generation homebuyers. Its fate, though, depends on the final size of the Build Back Better Act.