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Home » Topics » Inside The GSEs » Regulation

Regulation
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FHLB Criticism Misplaced, San Francisco CEO Says

June 29, 2023
Dennis Hollier
FHLB San Francisco CEO Teresa Bazemore argues that the system’s dual mandates of supporting housing and providing liquidity for FHLBank members are related.
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House Passes Bill Reversing FHFA Changes to Pricing

June 23, 2023
Dennis Hollier
All House Republicans and 14 House Democrats voted to undo FHFA’s revision of GSE loan-level pricing adjustments. The bill would also require future changes to the grids to follow risk-based pricing.
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Plan for New Credit Scores Raises Industry Concerns

June 23, 2023
Dennis Hollier
The FHFA needs to slow its roll to new credit scores, a swath of stakeholder organizations argues.
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Industry Wants Voice in Condo Eligibility Rules

June 23, 2023
Dennis Hollier
New guidelines for GSE condo and co-op lending requirements should be subject to public comment, trade groups argue.
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OIG: FHFA Not Monitoring Transportation Benefits

June 23, 2023
Dennis Hollier
The FHFA either did not conduct, or could not document having conducted, 61% of its required parking permit inventory checks between 2019 and 2022.
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Shift to FICO 10T and VantageScore 4.0 Ramps Up

June 9, 2023
Dennis Hollier
GSE officials recently outlined the timeline for implementing the new credit score models and some of the challenges that implementation poses for mortgage industry stakeholders.
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Criticism of LLPAs Expands to Include Conservatorship

June 9, 2023
Dennis Hollier
FHFA recently changed the upfront fees charged by Fannie and Freddie, in part to help meet the highly conservative capital requirements imposed on them by former Director Mark Calabria. Now, critics of the fees have joined critics of the conservatorship.
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The Growing Debate Over Reconsiderations of Value

June 9, 2023
Dennis Hollier
As the Biden administration focuses on ending discrimination in appraisals, trade groups and industry advocates call for standards on reconsiderations of value.
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New Area Median Incomes Set to Go into Effect

June 9, 2023
Dennis Hollier
Implementation of the new AMI limits took place this week in Loan Product Advisor and will take place next week in Desktop Underwriter.
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Surging Repurchase Requests May Not Reflect Policy Changes

May 26, 2023
Dennis Hollier
The GSEs say the spike in repurchase requests simply reflects the historic volume in 2020 and 2021. Lenders argue there should be something short of a repurchase request for performing loans with minor defects.
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