A new study has found that the California Consumer Protection Act increased California mortgage interest rate spreads — especially for banks — and contracted the supply of credit to low-income areas.

The CFPB and three other federal agencies issued a statement highlighting concerns about bias in automated systems. The CFPB is particularly concerned about home valuations, lending and marketing.

New APOR calculations; regulators help with LIBOR transition; CFPB puts credit reporting agencies on alert; data breach involving former CFPB employee; lender settles with Arizona AG.

FHFA has asserted that most of the changes to the GSEs’ loan-level pricing adjustment grids are risk based or meant to meet the GSEs’ capital requirements.

The chair of the Senate Banking Committee wants FHFA to examine the implications of the Federal Home Loan Banks becoming the lender of last resort for struggling financial institutions.

The head of single-family collateral risk management at Fannie Mae took a deep dive on the topic in a recent blog post.

The regulator will require additional sign-offs and documentation before the FHLBanks can change their internal market risk models.

The new rule would solidify the GSEs’ equitable housing finance plans, fair housing reporting and collection of language preference data.

Properties with mortgage loans backed by Fannie green bonds saved the equivalent of 11.8 trillion BTUs in energy last year.

Fannie Mae and Freddie Mac released tables showing the replacement rates and tenor spreads for most legacy securities still indexed to LIBOR.