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To continue fostering innovation across the industry and better serve these homebuyers, regulators must take aim at one of the largest impediments to innovation: monopolies.
The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, and it could majorly impact M&A activity.
Covington & Burling did not respond to a request for comment on the circumstances of the termination.
And Biden has another op-ed — this time, in The New York Times about the war in Ukraine.
"Since the crisis is going on much longer than anyone anticipated, it's only appropriate to extend remedies that we know are working," said Sarah Gerecke, an associate professor of planning at New York University. Many of those relief options were scheduled to expire next month. Have questions about the new protections? Here are some answers. Does my mortgage qualify for the new protections? Federally backed mortgages, or about 70% of borrowers, are eligible for the additional forbearances and protections from foreclosure. Specifically, if you have a home loan through the Federal Housing Admi...