MBA urges FHFA to consider securitization when reviewing the Federal Home Loan Bank system; Ambac’s MBS lawsuit against Countrywide goes to trial 12 years later; MISMO seeks comments on template for BWIC activity.

Members of the housing finance industry welcomed signs of continued discussion with Ginnie Mae and the Federal Housing Finance Agency as they prepare for the agencies’ aligned capital requirements.

Ginnie spreads over Treasuries have widened in the wake of the newly announced capital and liquidity requirements for nonbank servicers.

The new standards are a result of a collaboration between Ginnie and the Federal Housing Finance Agency to align rules for their counterparties. Most of the new standards take effect Sept. 30, 2023.

Housing counselors can play a greater role in helping delinquent borrowers understand the menu of loss-mitigation tools, according to trade group and government officials speaking at a recent HUD conference.

The federal entities appear to have accommodated many of the concerns of small and mid-sized seller/servicers, reducing some requirements and eliminating others.

The GSEs will now focus on the percentage of multifamily units that meet affordability standards rather than the actual number.

Fannie/Freddie servicers must collect age, race, ethnicity and language preference data from borrowers.

Agencies and regulators are seeking stakeholder input on how to improve lending and securitization in the manufactured home space.

A federal appeals court panel ruled that the SEC didn’t act on the whistleblower’s information about misconduct at RBS even though it passed the information to the DOJ and FHFA, which reached settlements.