The FHFA released its first strategic plan under the auspices of Director Bill Pulte. The plan reveals some differing priorities compared with the FHFA under the Biden administration.
HomeView 2.0, the updated version of Fannie’s proprietary homeownership education course, is now more accessible, mobile-friendly and has more intuitive navigation.
FHFA Director Bill Pulte says he plans to meet with the big builders individually to find ways for them to accelerate their production. Industry insiders say it will be hard for the GSEs to impact homebuilding.
Fannie Mae is allowing lenders more flexibility in how they reverify loan applications and appraisals. At the end of the day, Fannie just wants to make sure that the loan you make is the loan you thought you were making.
OIG auditors identify critical weaknesses in the security of FHFA’s public-facing websites and inadequate coordination between the agency, the Federal Home Loan Banks and federal financial regulators.
Under Director Pulte, FHFA has withdrawn proposed rules affecting enterprise liquidity requirements and the unsecured credit limits and boards of directors of the FHLBank System.
The GSEs will modify reporting forms in November to allow underwriting based on VantageScore 4.0. Meanwhile, the MBA is working on a proposal that calls for dropping the tri-merge scoring process for certain borrowers.