FHFA seeking comment on possibility of allowing seizure, sale of residential mortgages.
Sept. 10 online discussion is on guidance and compliance issues related to the Servicemembers Civil Relief Act.
New guidelines permit some homeowners with a Fannie Mae or Freddie Mac mortgage to sell their home in a short sale even if current.
Some banks easing underwriting standards for large firms but small business requirements remain the same.
FHFA said it has postponed but not killed idea of principal of forgiveness for Fannie and Freddie loans.
The trades last week came out against principal forgiveness, an idea floated by Federal Housing Finance Agency Director Edward DeMarco. Political observers, however, noted that he has long been opposed to debt forgiveness and may be simply responding to consistent pressure from the Democratic Party.
Some thoughts on strategic defaults, remote deposit capture and even Greece.
NAFCU CEO worries about indirect impact from principal forgiveness.
Possible Fannie Mae, Freddie Mac write-downs could in fact help credit unions by forcing losses onto holders of first liens.
NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.