Just a week after imposing onerous new capital disclosure requirements on Fannie and Freddie, FHFA adopts a rule requiring them to file annual capital plans.
Freddie’s asset and income modeler, which became available nationwide this week, will short-circuit the 10-day verification of employment process for borrowers who opt in.
The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.