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Capital Markets Editor, National Mortgage News
New York
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Content
By Bonnie Sinnock Verified| National Mortgage News Verified Federal Housing Finance Agency Director Bill Pulte has signaled he will be reviewing methods for forcing the return of mortgaged funds for misrepresentation with no elaboration. "FHFA, Fannie Mae, and Freddie Mac will be evaluating ways to 'recall loans' that have been obtained fraudulently," Pulte said in a pinned post on the X social media platform.
By Bonnie Sinnock Verified| National Mortgage News Verified The FHA is moving faster to scale back temporary relief measures for borrowers affected during the pandemic. A temporary loan-modification option will end on Sept. 30 and the new permanent successor will go into effect the next day instead of starting Feb. 2 of next year. Also, permanent loss mitigation will generally be available every 24 months instead of every 18.
By Bonnie Sinnock Verified| National Mortgage News Verified Federal Housing Finance Agency Director Bill Pulte has signaled he will be reviewing methods for forcing the return of mortgaged funds for misrepresentation with no elaboration. "FHFA, Fannie Mae, and Freddie Mac will be evaluating ways to 'recall loans' that have been obtained fraudulently," Pulte said in a pinned post on the X social media platform.
Company Info
National Mortgage News
National Mortgage News (NMN) is a digital information resource focused on the residential mortgage industry. It provides news analysis, regulatory insights, and industry perspectives to a wide audience, including lenders, servicers, brokerage firms, vendors, and regulators. NMN is part of Arizent, a company that enhances professional communities through data-driven insights and events. NMN delivers in-depth coverage of mortgage industry trends and compliance updates. It hosts industry events that bring together stakeholders to discuss critical topics such as technology and market consolidation. The platform features comprehensive articles, reports, and interviews with industry leaders, fostering dialogue on innovation and challenges within the sector. With an audience of 239,000 professionals, NMN plays a vital role in connecting industry leaders and addressing evolving challenges in the mortgage landscape.
New York, New York, United States
+1 800-869-6882
Founded: 1976