FHFA Director Mark Calabria responds to the industry

The Daily Download examines the most captivating articles reported from the HousingWire newsroom.

Each afternoon, HousingWire provides its readers with a deeper look into the stories that are not only chronicling the biggest announcements within the housing finance industry but are also helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd.

Today, HousingWire’s Community Editor Brena Nath covers Federal Housing Finance Agency Director Mark Calabria’s recent comments on the health of nonbanks during the coronavirus.

According to Calabria, the housing finance industry shouldn’t expect the FHFA to save any nonbank from failing.

Digital Producer Alcynna Lloyd also discusses Calabria’s claim that no liquidity facility is coming for mortgage servicers, the appraisal industry’s lack of representation and a new report that identifies which housing markets are likely to be deeply impacted by the coronavirus pandemic.

HousingWire articles covered in this episode: 

• • Calabria: No nonbank is too big to fail 
  • Calabria: No servicer liquidity facility coming, but GSEs may pull servicing from struggling companies 
  • The fragmented voice of the appraisal industry
  • These counties are most vulnerable to coronavirus’ impact on housing