One proposal targeted liquidity requirements for the GSEs and the other two proposals involved the Federal Home Loan Banks.

FHFA Director Bill Pulte said credit bureaus and VantageScore should follow FICO and take creative and constructive actions.

Some lenders are consistently avoiding delivering certain GSE-eligible mortgages to Fannie Mae or Freddie Mac.

FHA and the GSEs stressed lending and servicing options for individuals facing an employment furlough.

Goals for acquisitions of purchase mortgages for low-income borrowers would be reduced under the proposal.

Despite the 2Q25 increase, repurchases for the first half of 2025 were down 33.9% from the same period last year.

There was little detail on the resignation of Fannie Mae director Karin Kimbrough, who departed early last week.

Hugh Frater, a former CEO of Fannie Mae, warned that merging the GSEs could reduce incentives for innovation and competition on pricing, among other issues.

While interest rates declined again last week, mortgage applications didn't move much.

Jim Rosen, head of product management and services at Mortgage Cadence, said lenders need additional guidance from FHFA and the GSEs.