While many mortgage industry stakeholders want the GSEs’ current capital rule to be changed, others believe it’s a good compromise.

Congress and the mortgage industry seem on opposite sides when it comes to the timetable for credit score reform. That leaves FHFA in the middle.

A new advisory bulletin provides the answers to a series of abstruse accounting questions as a way of clarifying an earlier bulletin.

FHFA’s RFI on tenant protections attracted 3,522 comments, the vast majority from tenants voicing support. Industry groups argued that the economics of rent control just don’t work.

Industry groups, even those that support FHFA’s plan to revamp how credit scores work in the mortgage space, urge the agency to take more time with implementation.

Freddie set new standards for borrowers facing tax liens. And the GSEs implemented changes to appraiser independence requirements.

A new capability in Loan Product Advisor’s asset and income modeler allows lenders to directly access a borrower’s Schedule C income via IRS tax transcripts.

Errors in the model Fannie uses to calculate income during a stress test led the enterprise to underestimate profits in both its 2021 and 2022 stress tests.

The conservator of Fannie and Freddie argued that the testimonies of two former FHFA directors were irrelevant because they were not at the agency when the Treasury Department agreed to the net worth sweep.

Most of the drop-off in production hasn’t been because borrowers didn’t want to pay high interest rates, an analysis from FHFA showed. It’s because high interest rates have spiked DTI ratios, disqualifying borrowers for a mortgage.