New area-based subgoals for minority and low-income census tracts are aimed at reducing the likelihood that GSE loan purchases inadvertently promote gentrification.

Freddie Mac and MCT team up to help small- and mid-sized lenders make the switch from cash seller to guarantor. The transition impacts everything from pricing to operations.

Trade groups give Treasury and FHFA officials an earful on the damage caused by changes to the preferred stock purchase agreements.

Despite early criticism of Senate plans to use the 10-basis-point g-fee to help pay for a bipartisan infrastructure bill, industry groups have been more muted since the text of the bill became public.

The new CHOICEReno eXPress loan allows homebuyers to incorporate the cost of minor repairs and renovations into their mortgage.

Big-league housing groups, including the Mortgage Bankers Association and the National Association of Realtors, warned senators not to use the g-fee as “the nation’s piggybank.”

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.

The Fed plans to maintain quantitative easing, arguing that current inflationary trends are transitory.

Lenders, real estate agents and condo boards lambaste the GSE for using vague and undefined terminology to determine whether it will purchase mortgages from projects with significant short-term rental activity.

Some sellers may be able to redistribute their sales of investor and second-home mortgages to meet new Fannie and Freddie purchase limits. But many will have to sell fewer of the loans. (Includes two data charts.)