Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to end support for special purpose credit programs earlier this year. But now other agencies are also ending authorization for the programs.

The proposed rule would eliminate reference to "reputational harm," ostensibly to reduce subjectivity and uncertainty in enforcement.

Proposed legislation would codify many of the guidelines put in place by FHFA under its authority as conservator.

The GSE’s investment portfolio stood at $137.22 billion, down 3.2% from April.

The proposal would redefine "high-needs rural population" and limit the use of area median income when defining low-income categories.

The agency said its current authorities to take action against fraud in the housing finance market are “indirect or limited.”

Fannie and Freddie report that they’ve received UAD 3.6 submissions on all property types. Likewise, Fannie said top aggregators are accepting UAD 3.6 appraisal reports and appraisal management companies support it.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

The GSEs issued CRT deals in March even with economic volatility tied to the war with Iran.

“The industry forecasts are expecting a step up in Q2 but I would say that we’re just not seeing that,” said Varun Krishna, CEO of Rocket Companies.