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FHA, FHFA Announce Extended Assistance for Homeowners

The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...

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Unemployment Claims Rise to 3.2M

While data showed there was a slight decline for the week of July 4, analysis of the report by Fannie Mae says the market is still seeing a “significant degree of disruption” from COVID-19.

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Is Your Program CARES Act Compliant?

The industry must maintain business continuity planning while managing processes and regulatory changes in real time. This story originally appeared in the July edition of DS News.

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