Freddie board member jumps to Fannie board; a week of CAS and STACR tender offers; and seller/servicer guidance for the shutdown.

Regulatory approval of the merged company creates the second-largest GSE seller and by far the largest GSE servicer.

Critics claim the volatility of cryptocurrency valuations and exposure to fraud would undermine the safety and soundness of Fannie Mae and Freddie Mac.

Conflicting data from the two credit score giants muddy the waters about which best serves the GSEs and a mortgage industry eager for more competition.

Eligibility requirements put in place by the GSEs in the wake of the 2021 collapse of a condo tower in Florida continue to hobble sales and burden condo associations with high insurance and maintenance costs.

Single-family mortgage securitization by the GSEs declined by 9.7% on a monthly basis in July, with refinance business down sharply. (Includes two data tables.)

The GSEs’ automated underwriting systems now include income calculators, appraisal waivers and tools to assess the rental payment history of borrowers.

Starting in October, properties that are part of a condo project in insolvency proceedings will not be eligible for GSE loans. The rule applies immediately if the lender is already aware of the proceedings.

New standards tied to Bank Secrecy Act; UCD testing environment; servicing updates planned; Pulte makes crypto announcement; DeVito surfaces at NVR.

As the seven-plus-year redesign of the UAD and the URAR nears completion, the GSEs prepare industry stakeholders for the changes.