FNMA F-1-05 Expense Reimbursements

This procedure contains the amount that Fannie Mae will pay for its share of expenses when specific reimbursement expense limits are defined. Also see the Allowable Foreclosure Attorney Fees Exhibit and the Allowable Bankruptcy Attorney Fees Exhibit for additional information

Mortgage Rates Continue to Jump

“Mortgage rates jumped again due to high inflation and stronger than expected consumer spending,” said Sam Khater, Freddie Mac’s Chief Economist. “The 30-year fixed-rate mortgage is nearing four percent, reaching highs we have not seen since May 2019. As rates

FHFA Requests Input on its Strategic Plan

The Federal Housing Finance Agency (FHFA) has released a draft of its strategic plan for 2022-2026 and is requesting input on the plan from the general public. The plan is meant to be a “transparent roadmap” that will guide the agency

HUD Extends Handbook 4000.1 Implementation

On April 19, 2021, HUD published updates to the Single-Family Housing Policy Handbook (Handbook 4000.1). Mortgagees were instructed that changes to Handbook 4000.1 could be implemented immediately but were required to be implemented no later than August 17, 2021. Due to