OIG auditors were able to access the IT accounts of 179 agency employees, including one “privileged user,” who were still using the default passwords to protect their computers and accounts.

The FHFA watchdog said the Division of Home Loan Bank Regulation should provide more explicit guidance on how the FHLBanks coordinate with other regulators.

Rather than leave its digs in downtown DC, as announced earlier this year, Fannie Mae opted to renew its lease, albeit with a much smaller footprint.

High interest rates and low supply continue to affect the availability of the affordable homes required to fulfill the GSEs' housing goals.

Mortgage originators and investors believe that automation must go hand-in-hand with human expertise to create value for a company, and boost margins.

Even with interest rates on mortgages coming down, home sales have been tepid in recent months, with potential buyers waiting for even lower interest rates.

Interest rates continue to be the top priority for borrowers when choosing a mortgage lender, according to a study by Corporate Insight, but borrowers also value interest rate locking options and rate matching.

With interest rates on mortgages set to come down, some lenders are looking to quickly adopt tech to help with originations. Blend Labs is seeing lenders use more of the tech vendor’s products and an automated refi offering is on the way.

Fannie Mae and Freddie Mac have both integrated the fintech’s digital version of IRS Form 8821 to confirm borrower income.

Remote work increases for mortgage fulfillment; MISMO offers reference materials for ESG data; lenders frustrated with tech vendors; ICE updates Encompass; tech firms offer loan audits with AI.