After 18 months in purgatory, the broker giant resumed GSE activity in June with a $173 million Freddie-backed refi for a Manhattan apartment building.

By some estimates, the average short sale or a foreclosure costs the GSEs $19,000 more than putting the borrower through a home-retention program.

New standards tied to Bank Secrecy Act; UCD testing environment; servicing updates planned; Pulte makes crypto announcement; DeVito surfaces at NVR.

Republicans may hope to use any windfall the government gets from selling its stake in the GSEs to offset revenue cuts in their “Big Beautiful Bill,” but housing advocates have other ideas.

In keeping with the rest of the Trump administration, FHFA has significantly reduced public visibility into its policy and actions since Bill Pulte took over as the agency’s director.

The names of most of the members of the leadership team responsible for the activities covered in the report are no longer listed among the agency’s key management officials.

Roughly 75 of the 675 significant recommendations that the OIG has made to FHFA remain open. The oldest dates from early 2021.

Housing finance stakeholders continue to debate whether the Trump administration can safely release Fannie and Freddie from conservatorship.

The FHFA director’s criticism of FICO gave lenders a chance to call for price reductions on credit scores and reports. FICO countered by saying its wholesale prices are a tiny fraction of closing costs.

The controversial software giant will use its AI-powered financial crimes detection technology to scour Fannie’s vast databases for signs of mortgage fraud, starting with multifamily loans.