New Aid Planned for Mortgage Borrowers at Foreclosure Risk

The Biden administration on Friday plans to expand assistance programs for borrowers who fell behind on their mortgages during the Covid-19 pandemic and continue to face economic hardship, a bid to prevent a sharp rise in foreclosures over the coming months. New

Fannie Mae, Freddie Mac to Drop Mortgage-Refinance Fee

The refinance fee imposed last year added about $20 a month for a $300,000 loan, said one analyst. Photo: MARK LIPCZYNSKI for The Wall Street Journal July 16, 2021 12:40 pm ET WASHINGTON—The cost of refinancing government-backed home loans is likely to

Biden Administration Removes Fannie, Freddie Overseer

WASHINGTON—The Biden administration ousted the head of the Federal Housing Finance Agency after the Supreme Court ruled it was structured unconstitutionally, dealing the latest blow to investors betting that mortgage giants Fannie Mae and Freddie Mac would be returned to private hands