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FHFA extends forbearance policies for up to 15 months

Housing Wire

Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to three months, the Federal Housing Finance Agency announced Tuesday. According to the agency, eligibility for the extension is limited to borrowers who are on a COVID-19 forbearance plan as of Feb.

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Despite moratoria, foreclosures increase 20% in October

Housing Wire

Sutherland Mortgage Services President Krish Swaminathan discusses the next wave of servicing, how servicers can best communicate with their customers and the technology available to help with compliance, even in a work-from-home environment. Presented by: Sutherland. properties. Again, the number is down year-over-year 81%.

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Increased need for a compliance-driven insurance servicing solution

Housing Wire

With multiple organizations – such as the Consumer Finance Protection Bureau (CFPB), Fannie Mae, FEMA, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and others – guiding these regulations and outlining protocols, it is necessary but challenging to maintain compliance.

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Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

Our role in housing finance brings important responsibilities.”. After the housing crisis, the GSE’s portfolio of foreclosed, or “Real Estate Owned” properties ballooned. Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity.

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The 13 Best Real Estate Investing Classes Online 2025

The Close

These courses have hundreds of on-demand videos covering writing a business plan , balance sheets, financing, pricing, technology, and tons more. However, many would-be successful investors spend a lot of time analyzing deals but dont develop the necessary skills to start, manage, and grow a business. Did I mention theyre all free?

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Best Foreclosure Websites to Find Homes

HomeLight

Bank of America foreclosures Bank of America maintains a site with real estate-owned (REO) and bank-owned home listings. The platform offers innovative technologies like its Remote Bid , which allows buyers to bid and win foreclosure properties using a mobile phone app. Inventory on the BofA site is limited.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Manufacturing, which has long been the staple of Buffalo’s economy , has fallen off in the past few years, but the city has successfully shifted growth to its technology, health, and education sectors. Its technology sector has expanded in recent years, becoming an important part of its economy. increase over 2022. Wise agrees.