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Home » Topics » Inside The GSEs » Lender/Issuer/Servicer News

Lender/Issuer/Servicer News
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FHFA Has Plenty to Ponder on Eligibility Proposal

May 6, 2022
Dennis Hollier
Industry groups take sides in debate over FHFA’s treatment of nonbank servicers.
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FHFA Directs the Use of SCIFs for New Loans

May 6, 2022
Dennis Hollier
The GSEs’ regulator renews efforts to collect preferred language information from borrowers.
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Freddie Warns of Russian Malware Following Ukraine Invasion

March 25, 2022
Dennis Hollier
Following a joint warning from the FBI and the CISA, Freddie Mac reminded its seller/servicers about their role in preventing cyberattacks.
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FHFA Reproposes Eligibility Standards for GSE Seller/Servicers

February 25, 2022
Dennis Hollier
The new requirements would distinguish between large and small servicers and whether that servicing covers GSE loans or Ginnie Mae loans.
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Freddie Mac Thumbs Its Nose at Cryptocurrency

December 10, 2021
Dennis Hollier
Bitcoin and its competitors remain unwanted in the U.S. mortgage market.
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Adverse Market Fee to Stay Until December (at Least)

April 16, 2021
Dennis Hollier
FHFA says it has not “extended” the fee because it never announced an end date. Nevertheless, it will review the financial situation in October.
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Fannie Introduces New Features to its Desktop Underwriter Program

February 19, 2021
Dennis Hollier
The new version of Fannie’s DU program will penalize student debt and income from auxiliary units but reduce the sting of self-employed income.
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Blend Enhances Integration with Freddie Loan Product Advisor

January 8, 2021
Dennis Hollier
In 2019, Blend became the first digital lending platform approved for Freddie’s asset and income modeler.
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GSEs Set Schedule for LIBOR/SOFR Switch

June 5, 2020
Dennis Hollier
After Sept. 15, Fannie Mae and Freddie Mac will no longer accept LIBOR loan applications. Moreover, the FHFA and the GSEs expect all loan purchases linked to the London benchmark to cease by yearend.
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Appraisals and Income Verification Guidance Amid COVID-19

March 27, 2020
Dennis Hollier
Fannie and Freddie are providing “alternative flexibilities” to reduce the need for appraisers to inspect the interior of a home.
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