Nearly 40% of FHA purchase mortgages originated in fiscal year 2024 included downpayment assistance.

With Rep. Patrick McHenry, R-NC, no longer in Congress, legislation to limit trigger lead activity could see a boost; baby boomers expected to pass along home equity to heirs; two banks reposition portfolios; Clever Real Estate adds servicing clients.

It’s the first time Freddie’s MBS business has been larger than Fannie’s on an annual basis since 1991.

Treasury and FHFA agreed on some guidelines for how the process of getting the GSEs out of conservatorship will work. But they didn’t set that process in motion.

Even if lawmakers can’t agree on how or whether to release the GSEs from conservatorship, there are incremental steps they can take, according to former FHFA Director Mark Calabria.

The remaining items on the Biden administration’s regulatory agenda for FHFA are primarily proposals affecting the Federal Home Loan Banks.

The housing goals include several benchmarks that have been reduced to reflect challenges in the mortgage market.

MBA revisits complaints about a new regulation that requires the GSEs to certify that third-party service providers are compliant with FTC rules covering unfair or deceptive acts or practices.

Researchers estimate that extending the TCCA fee for two years and reducing the size of conforming loan limits would reduce the federal deficit by nearly $15 billion over 10 years.

Trade groups point out that it sometimes takes days for lenders to get their collateral back after paying off a Fed advance.