The request-for-comment announcement suggests the FHFA might be open to changing its position. Comments are due March 16.

The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…

The updated defect taxonomy includes changes originally implemented through the Loan Review System in 2017.

The new department will be modeled after the Consumer Financial Protection Bureau to “provide consumers with more protection against unfair, deceptive, and abusive practices.”

Stronger GSE earnings will bolster retained capital, which could juice the recap-and-release debate even more…

There’s some skepticism regarding how quickly the FHFA and Treasury might act in 2020…

The panel will be chaired by conservative Todd Zywicki, a longtime critic of the CFPB…

Any new offering of stock by the GSEs likely won’t commence until 2021, though the situation is fluid...