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FHFA’s Pulte Pushes Fraud Crackdown at Fannie, Freddie

April 24, 2025
Dennis Hollier
The FHFA director believes mortgage fraud is rampant at Fannie and Freddie. That includes allegations that New York Attorney General Letitia James, a nemesis of President Trump, fraudulently obtained GSE-backed loans. James denies the allegations.
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A Slight Decrease in MSR Values, Demand Remains Hot

April 24, 2025
Paul Muolo
First-quarter results are beginning to roll in — along with the news that servicing values were lower than at yearend. With MSR demand red hot, the industry isn’t losing any sleep.
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CHLA Opposes Mortgage Fee Hikes in Congress’ Budget

April 24, 2025
Emmeline Willey
The Community Home Lenders of America urged members of Congress not to approve fee increases for GSE and government-backed loans in the 2025 fiscal year budget.
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Trump Admin Fires Thousands of CFPB Employees

April 18, 2025
Shannon Clark
The union that represents CFPB employees argues that the firings go "well beyond" what a recent injunction permits.
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Experian Moves to Dismiss CFPB Lawsuit

April 18, 2025
Shannon Clark
According to the credit reporting bureau, the regulator's claims against it are "time-barred."
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Fannie Showcases Perks of AI Tool

April 18, 2025
Dennis Hollier
The artificial intelligence tool was featured in the March Issue of Fannie's Quality Insider newsletter.
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Short Takes: Planned SFR Securitization Falls Through / HUD Searches for New Headquarters / Home Sales Hit New Low / Castlelake Partners With Invictus

April 18, 2025
Shannon Clark and Brandon Ivey
Fitch Rating's single-family rental securitization is no longer happening.
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Management of CFPB Less Fettered Under Latest Court Order

April 14, 2025
Shannon Clark
The new preliminary injunction allows for the Trump administration to fire CFPB employees and issue a reduction-in-force to employees, as long as the administration abides by certain provisions.
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Appeals Court Sympathetic to Arguments From NTEU

April 14, 2025
Shannon Clark
An appeals court judge appeared to favor of authorizing a limited preliminary injunction against the Trump administration in a lawsuit brought by the National Treasury Employees Union.
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House GOP Wants CFPB to Revoke Biden-Era Rules

April 14, 2025
Shannon Clark
Republicans in the House urged the CFPB to rescind Biden-era guidance documents, interpretive rules, advisory opinions and circulars that weren’t issued pursuant to the Administrative Procedure Act.
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