The Underserved Mortgage Markets Coalition has put together a list of actions the GSEs can take to meet their obligations under FHFA’s duty-to-serve program.

The Community Home Lenders Association believe the sharp increase in fees for second-home mortgages will impact middle-income families.

At the direction of FHFA, the GSEs are permanently integrating desktop appraisals into their automated underwriting systems.

In April, Fannie and Freddie will begin charging sharply higher LLPAs on second-home and high-balance mortgages. The change is likely to expand non-agency securitizations at the expense of Fannie and Freddie.

Multifamily caps have kept Fannie and Freddie from expanding their footprint in the apartment market, which grew by 25% in 2021 and is expected to expand by as much as 11% this year.

Don Layton believes the new 2022 loan limits will cause home prices to increase even more, but the politicization of the housing-finance system makes it unlikely FHFA will be able to do anything about it.

GSEs issue lender letters/bulletins tweaking their guidelines for lenders and servicers.

Only 16 examiners have completed the agency’s examiner commissioning program since it was founded in 2013.

The agency believes enforcing fair housing laws is central to its role as regulator of Fannie Mae and Freddie Mac.

Under a proposed rule, Fannie and Freddie will have to describe their sources of capital over a five-year planning horizon.