Insurance industry veteran replaces Jacqueline Welch.

As the first Senate-confirmed head of domestic finance in nearly a decade, the former Fed economist could play a vital role in renegotiating the PSPAs between Treasury and FHFA.

Fannie and Freddie are likely to have raked in more than $5 billion combined in adverse market fees on refinances before FHFA Acting Director Sandra Thompson decided to shut the program.

Changes to Fannie’s loan agreements allow the company to more closely monitor compliance with OFAC rules and anti-money laundering and anti-corruption statutes.

Jerry Mauricio makes his interim CCO gig permanent.

FHFA and other federal financial regulators are still grappling with issues like whether the definitions of QMs and QRMs should remain identical.

Plaintiffs manage to find legal ammunition in what most Supreme Court observers believe was a slam dunk victory for the government.

One unintended consequence of the court ruling: The Biden administration got the greenlight to reform the GSEs without the help of Congress.

With delinquency numbers falling, the GSEs will relax excess capital requirements, paving the way for PMIs to resume dividend payouts.

With the end of forbearance in sight for millions of borrowers, FHFA adds more protections for homeowners impacted by the pandemic.