Kenny Smith worked at Deloitte for more than 25 years before retiring in 2020. He isn’t well known among mortgage industry participants.

Long-time industry analyst Chris Whalen said the GSE plans to disqualify some types of capital from use to calculate net worth.

The MBA continues to argue that the credit scores provided by Equifax, Experian and TransUnion are now so similar that lenders shouldn’t be required to pull all three. Credit bureaus disagree.

Conforming loan limits for mortgages sold to Fannie Mae and Freddie Mac will rise by 3.3% in 2026, the smallest increase since 2017.

While government-insured mortgages are assumable, few assumptions are completed due to various obstacles. GSE mortgages were also assumable until the 1980s, when legal issues prompted a change.

The Basel III re-proposal could include relief for mortgages; FICO to release historical data for 10T score.

The Mortgage Bankers Association has called on lawmakers to end tri-merge requirements for loans sold to the government-sponsored enterprises following reports of increased pricing for credit reports.

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.