Naa Awaa Tagoe lands at Scotiabank; Fannie completes RPL sale; FHLBank Office of Finance names new directors.

The Federal Home Loan Banks say the supervisory haircut federal regulators proposed applying to their consolidated obligations when held as collateral is too large and may impair pricing and liquidity.

Lenders responsible for the majority of conventional mortgage originations are currently using VantageScore in some fashion, but it’s still not clear how they deal with differences between VS4 and classic FICO.

Four of the 11 regional Federal Home Loan Banks saw double-digit declines in net income in the first quarter, even though total assets grew for the period. (Includes three data tables.)

Two main sources for lender liquidity are working to improve communication and simplify collateral exchange.

The Federal Home Loan Bank trade group supports President Trump’s executive order on improving access to mortgage credit.

New directives would improve collateral transfers between FHLBank members and the Federal Reserve and improve access to longer-term advances.

By allowing the FHLBanks to once again provide credit enhancement for tax-exempt bonds, the bill’s sponsors hope it will reduce financing costs for community development in smaller municipalities.

The Government Accountability Office said FHFA can’t accurately gauge the accuracy of the data it uses to monitor nonbanks and overlooks key risks associated with warehouse lending. FHFA agreed to address the issues.

Executive salary change at Freddie; FHLB membership for community lenders in Puerto Rico; FHFA re-elects GSE boards.