Fannie and Freddie in a joint comment letter expressed concerns that the SEC’s proposed rule on conflict of interest could prevent the GSEs from issuing credit-risk transfer notes in a post-conservatorship world.

For Fannie, the most obvious change was a major expansion of the EHFP’s target audience. In its initial plan, the enterprise had focused almost exclusively on Black homebuyers.

Financing restrictions imposed following the 2021 collapse of Champlain Towers in Surfside, FL, continue to make it difficult to finance or build new condos.

New definitions in the amended rule will expand the number of colonias eligible for credit under the duty-to-serve obligations of the GSEs.

The regulator of the GSEs wants to know if there are ways it can help improve protections for the tenants of apartment buildings financed by Fannie and Freddie.

By the end of 2025, FHFA expects Fannie and Freddie to implement the use of FICO 10T and Vantage 4.0 into the mortgage process. Industry participants can expect a lot of hand-holding along the way.

FHLBank treatment of collateral may be inhibiting development of affordable housing, industry stakeholders told FHFA in comments.

Based on the success of payment deferrals during the COVID-19 emergency and feedback from industry, FHFA has made the option a key part of loss mitigation for the GSEs.

Lenders had argued that any debt-to-income ratio calculated early in the mortgage process would be subject to change and possible redisclosure requirements.

The FHFA director tells NAR members she’s focused on data-driven, fact-based policy-making.