Mortgage

HUD: Aid Offered to New Mexico Disaster Victims

Federal aid supports Santa Clara Pueblo for June 2024 storms The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of New Mexico and ordered federal aid to supplement the Tribal Nation’s efforts in the areas affected by severe storms and flooding from June 20…

HUD: Disaster Aid Offered to New Hampshire Victims

Federal aid supports state, Tribal and local recovery for July 2024 storms The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of New Hampshire and ordered federal aid to supplement state and local recovery efforts in the areas affected by a severe storms and…

HUD: Disaster Aid Offered to Vermont Storm Victims

Federal aid supports state, Tribal and local recovery for July 9-11, 2024 The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Vermont and ordered federal aid to supplement state and local recovery efforts in the areas affected by a severe storm, flooding, landslides,…

FHFA: 2025-2027 Housing Goals for Fannie Mae and Freddie Mac Proposed

The Federal Housing Finance Agency (FHFA) issued a proposed rule today that would establish the housing goals for 2025-2027 that Fannie Mae and Freddie Mac (the Enterprises) would be required to meet on an annual basis. FHFA is requesting comments on all aspects of the proposed rule during the 60-day public comment period. The housing…

HUD: Disaster Aid Offered to Kansas Storm Victims

Federal aid supports state, Tribal and local recovery for May 2024 Storms. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Kansas and ordered federal aid to supplement state, Tribal, and local recovery efforts in the areas affected by a severe storm, straight-line…

HUD: Disaster Aid Offered to Nebraska Storm Victims

Federal aid supports state, Tribal and local recovery for May 20, 2024—June 2024 Storms. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Nebraska and ordered federal aid to supplement state, Tribal, and local recovery efforts in the areas affected by severe storms,…

FHFA: Fannie Mae and Freddie Mac Update Their Private Mortgage Insurer Eligiblity Requirements

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) are issuing updates to the Private Mortgage Insurer Eligibility Requirements (PMIERs) – the financial and operational standards that private mortgage insurance companies must meet to provide insurance on mortgage loans acquired by the Enterprises. “Financially sound private mortgage insurance…

HUD: Disaster Aid Offered to South Dakota Storm Victims

Federal aid supports state, tribal and local recovery for June/July 2024 Storm The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the state of South Dakota and ordered federal aid to supplement State, tribal, and local recovery efforts in the areas affected by severe storms, straight-line…

HUD: Disaster Aid Offered to Florida Storm Victims

Federal aid supports state, tribal and local recovery for August 2024 Hurricane Debby The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Florida and ordered Federal aid to supplement State, tribal, and local recovery efforts in the areas affected by Hurricane Debby beginning on…

Agencies Finalize Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations

Five federal regulatory agencies today issued final guidance addressing reconsiderations of value (ROVs) for residential real estate transactions. The guidance advises on policies and procedures that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the…