Because the ERCF dictates that Fannie and Freddie base their underwriting on FICO scores, loans to borrowers with positive rent payment history are still subject to capital charges for less creditworthy homebuyers.

Residential MBS investors say that, rather than publish a social index for their MBS, the GSEs should just disclose the data that goes into making that index.

FHFA expands the radon mitigation responsibilities of Fannie and Freddie, but doesn’t go as far as HUD.

Higher upfront fees and new seasoning rules on cash-out refinances make it harder for homeowners to use the equity in their homes.

Designating the appropriate SOFR-related benchmark rates for GSE products is one of the last major steps in the transition from LIBOR.

Despite extensive efforts to combat the use of biased valuations, FHFA does not refer appraisers to state licensing boards for investigations or reprimand.

The rule requires the enterprises to submit a written notice of any new activity for FHFA to review. However, they can consult with the agency in advance to determine if such a notice is required.

Subtle differences between 2022 and 2023 objectives speak to both new priorities and goals reached.

Jupiter Intelligence will provide Fannie with climate data and analytics for at-risk communities in Baltimore and Memphis.

The new benchmarks for Fannie Mae and Freddie Mac reflect higher interest rates and the anticipated decline in the number of affordable units in the multifamily market.