A new advisory bulletin from FHFA spells out how the enterprises must respond to a “high-severity operational loss event.”

Ironically, providers of attorney opinion letters — an alternative to title insurance — may need insurance to compete with title insurers.

Despite thousands of responses to its RFI, FHFA has settled on a list of protections that is unlikely to make tenants feel much safer.

The FHLBank of Chicago followed the FHLBank of San Francisco in accepting mortgage collateral that uses the new credit score model.

FHFA Director Sandra Thompson said the first test of its recently instituted new products rule went well, despite the relatively short timelines. But critics of Freddie’s new pilot also asked the agency to find ways to stretch out the opportunity to comment.

FHFA issued an RFI on how to simplify and improve the efficiency of the competitive application process for the FHLBanks’ Affordable Housing Programs.

Researchers say strategic securitization by lenders exposes the GSEs to higher insurer counterparty risk, especially in regions with frequent climate-related disasters. The proposed cure: LLPAs and capital rules that compensate the GSEs for this risk.

Beginning July 1, the capital markets team at Freddie Mac will start offering multifamily giant PCs, products that will allow investors to pool larger securities and better manage their portfolios.

Brian Tomney told the House Financial Services Committee that FHFA has largely embraced OIG recommendations and has evolved from its start-up stage.

Former Treasury official Antonio White takes over as FHFA’s head of media relations, public outreach and Congressional affairs.