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Tuesday, December 3, 2013

FHFA Overhauls GSE Mortgage Insurance Requirements

The FHFA said that the housing GSEs Fannie Mae and Freddie Mac have overhauled mortgage insurance master policy requirements for the first time in several years.

The requirements now cover loss mitigation strategies developed during the housing crisis; specific timeframes for handling claims; standards for when coverage must be maintained or may be revoked; and better communication among Fannie, Freddie, mortgage insurers and servicers.

Read more.

2 comments:

Otr 214424 said...
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Otr 214424 said...
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