FHFA Director Bill Pulte criticized recent cost increases by FICO and indicated he’ll continue the move from Classic FICO to a combination of FICO 10T and VantageScore 4.0.

Speaking at the MBA’s secondary and capital markets conference this week, Fannie and Freddie executives appeared to tailor their remarks to address the priorities of the new FHFA director.

If confirmed as Treasury’s head of domestic finance, Jonathan McKernan could have a say in whether the GSEs are released from conservatorship. If so, he may have to renounce an FHFA rule created when he was senior counsel at the agency.

At the urging of FHFA Director Bill Pulte, Freddie is accelerating its release of “on hold” technologies that may help cut origination costs.

Fannie’s Desktop Underwriter and Freddie’s Loan Product Advisor were both updated to include FHFA’s 2025 area median income figures. The changes affect eligibility for duty-to-serve and affordable housing programs.

Fannie announces tender offer; Freddie prices SLST securitization; winners announced for Fannie NPL sale.

State regulators are looking to reduce regulatory burdens by partnering with the private sector to use technology and improve supervision efficiency.

New York-based fintech Better is branching out by selling its AI-driven mortgage underwriting software to banks.

House Republicans introduced bills to expand production of, and access to, manufactured housing as one antidote to the current housing shortage.

Rent payment history and bank account income verification are just the start. Machine learning algorithms also promise better risk assessment and more accurate pricing for that risk.