The Federal Housing Finance Agency proposed codifying the new equitable housing finance plans of Fannie Mae and Freddie Mac.

Fannie and Freddie issuance of single-family MBS surged 38.4% from the first quarter of 2023 to $172.31 billion...

The ultimate goal: to suspend counterparties who committed misconduct...

Fannie and Freddie will not buy condo loans in projects with unfunded repairs in excess of $10,000 per unit.

FHFA issued changes to RPL/NPL sales in a new fact sheet, addressing some concerns raised by critics of previous sale policies.

Ed DeMarco, president of the Housing Policy Council, said that while claiming to codify existing FHFA practice, the proposal “does not address FHFA’s practices related to fair housing and fair lending enforcement.”

The CFPB has been increasing its expertise in data science and analytics so that it can spot fair lending violations throughout the lending process.

Some 66.5% of GSE repurchases in the first quarter involved loans securitized in 2022.

GSE shareholders tried to make the case that Ed DeMarco, the acting director of the Federal Housing Finance Agency at the time of the net worth sweep, was an extra-constitutional director because his three-year acting directorship lasted too long.

Currently, FHFA plans to modernize credit score usage by Fannie Mae and Freddie Mac in two phases, with full implementation scheduled for the fourth quarter of 2025.