Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

https://www.housingwire.com/articles/cfpb-begins-cracking-down-on-mortgage-servicers/

“I think the math speaks for itself how well the forbearance program has worked, and it’s one of the few times in my career that I have seen a government-initiated program adopted as well and executed as well by the industry as this one,” said Rick Sharga, executive vice president of RealtyTrac.

Following the news that the CFPB is already cracking down, a spokesperson told Reuters that the CFPB’s main focus is to protect consumer financially harmed by the COVID-19 pandemic.

“Part of that work is using our supervisory authority to ensure mortgage servicers are treating borrowers fairly and meeting their responsibilities under federal law,” the spokesperson said.



https://www.housingwire.com/articles/forbearance-volume-dips-down-to-4-5/

"Interestingly, Fannie, Freddie and Ginnie Mae loans saw a decrease in the number of forbearance exits last week – more than 36% of borrowers in forbearance extensions have now exceeded the 12-month mark. Borrowers backed by government entities have the option to extend their forbearance up to 18 months thanks to continued legislation by the FHFA and FHA."


https://www.housingwire.com/articles/2-million-refi-candidates-eligible-after-mortgage-rate-drop/