The GSE investor said part of his plan can be accomplished immediately, but ending the conservatorship may take three years.

FHFA Director Bill Pulte touted possibility of a 50-year fixed-rate mortgage. Also under consideration: transferable and portable mortgages.

Lenders urged the regulator to spell out the GSEs’ conservatorship-era obligations that could apply even if Fannie and Freddie are released.

FICO is confident the mortgage market will continue to use its credit scores even as FHFA and credit bureaus push the adoption of VantageScore.

The Trump administration continues to tease a 2025 capital raise for the GSEs but industry experts remain skeptical this can be done in a safe, sound manner.

Leaders at Equifax and TransUnion are optimistic that the GSEs’ adoption of VantageScore will lead to revenue moving from FICO to credit bureaus. The officials also defended the tri-merge score process at the GSEs.

The prospects of a year-end stock offering didn’t prevent the wholesale reshuffle in Fannie Mae leadership.

Although the Trump administration says it wants the GSEs to help accelerate development by the big homebuilders, the topic barely registered during recent earnings calls.

While most mortgage industry participants believe the tri-merge limits competition among the three credit reporting companies, some say it’s a critical tool to maintain the credit quality of mortgages.

Most industry participants don’t think the GSEs have the tools necessary to accelerate construction by big homebuilders.