Flex Modification News Today

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.

Mortgage deferment is one option to repay the payments you skipped while in forbearance. Heres how to know if its right for you.

The federal government is offering mortgage and rental assistance to all Maui residents who have been impacted by the wildfires.

Yogi Berra, when asked about staying in a particular hotel, replied, “The towels were so thick there I could hardly close my suitcase.” I’ve attended my share of conferences in the last few months (no towels were purloined), and the two big general concerns for lenders everywhere are a) providing the best products, price, and service to clients, and b) the general economic and interest rate climate and its impact on their business model. Regarding the second topic, mergers a...

Bureau of Consumer Financial Protection Proposed Rule: Protections for Borrowers Affected by COVID-19 Emergency Under Real Estate Settlement Procedures Act, Regulation X Targeted News Service April 9 -- The Bureau of Consumer Financial Protection has issued a proposed rule (12 CFR Part 1024), published in the Federal Register on April 9, 2021, entitled: "Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X". The pr...