Federal Housing Finance Agency

• NAFCU Survey: Most CUs Will Reduce or Discontinue Non-QM Mortgages

  By Heather Anderson  |  May 15, 2013

  Survey also finds that more than one-third of credit unions originated mortgages in 2012 that would not fit under new rule.

• Senate Hearing Will Address Secondary Mortgage Market Reform

  May 14, 2013

  Panel to take up housing finance reform with a focus on private investments.

• Fannie and Freddie to Reject Non-QM Mortgages Starting January 2014

  By Heather Anderson  |  May 6, 2013

  FHFA said the GSEs will generally not buy loans that don't meet the CFPB's new "ability to repay rule."

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  Rep. Mel Watt’s Long Odds Involve More Than Just Principal Forgiveness

  By Heather Anderson  |  May 2, 2013

  North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.

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  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• More HARP: FHFA Gives Nod to Loan Mods Through 2015

  By David Morrison  |  April 11, 2013

  Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.

• New Modification Program Will Be Required by FHFA

  By Heather Anderson  |  March 28, 2013

  Borrowers relieved of requirement to document hardship or financial situation.

• FHFA Foreclosure Report Shows Best Numbers Since 2008

  By Heather Anderson  |  March 27, 2013

  Foreclosure figures released in a report Wednesday from the Federal Housing Finance Agency indicates the housing market is on the road to recovery.

• GSE Reform Advances

  By David Morrison  |  March 8, 2013

  The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.

• House Hearing on GSEs Proceeds as Snow Falls

  By Heather Anderson  |  March 6, 2013

  Panel to discuss how government policy at Fannie and Freddie played role in housing collapse and financial crisis.