The mortgage industry generally supports the limited scope of the rule. But consumer advocates believe FIRREA calls for a broader scope, including AVMs used by licensed appraisers.
Since it was established last year, FHFA’s Climate Change and ESG Steering Committee has established eight working groups in an effort to improve the GSEs’ ability to calculate climate risks.
An OIG audit found that eight of the 27 senior officials who left FHFA during the review period did not receive required records management training during offboarding.
FHFA joins HUD, OCC and CFPB in an effort to promote the use of special purpose credit programs as a way to boost lending in disadvantaged communities.
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.