A new audit commissioned by FHFA’s OIG detailed weaknesses in the agency’s cybersecurity protocols. Most of the findings were previously identified in OIG audits, one of which dates back to 2020.
Fannie revises policy for loans subject to a temporary rate buydown plan; Former Fannie employees sue for defamation; Freddie creates new board position; GSE shareholders lose appeal in one of the last net worth sweep lawsuits.
Intercontinental Exchange maintained its guidance for low- to mid-single digit revenue growth this year from its mortgage technology segment, supported by incoming clients.
The perceived morality of mortgage forbearance increases when the borrower pays for the option to forbear, regardless of the political affiliation or personal characteristics of the borrower, according to researchers.
Mortgage rates and MBS spreads may depend on how the White House structures the proposed IPO for the GSEs and how markets react to a potential merger of the two mortgage giants.