“In fact,” said GSE regulator Mark Calabria, “if this goes on for more than two months, we’re going to be looking at stress for Fannie and Freddie"...

FHFA’s move regarding appraisals was somewhat expected...

Calabria suggested the new version of the capital rule might not look so different from the version proposed under the previous director, Mel Watt.

Fannie and Freddie said residential borrowers are expected to contact their servicer to set up forbearance plan.

CHLA recommends that FHFA only apply the new rules to companies with servicing portfolios exceeding $10 billion.

The Trump administration has not only proposed extending the existing g-fee surcharge, but recommends doubling it. Not to be outdone, both Democratic presidential candidates, former Vice-President Joe Biden and Sen. Bernie Sanders, D-VT, also support raising g-fees.

The FHFA in September increased the cap on Fannie’s and Freddie’s multifamily lending to $100 billion each through the end of 2020, with at least 37.5% of their business earmarked for affordable housing.

The GSE regulator said its expects SOFR ARMs to be delivered in the second half of 2020...

Among the more interesting changes: the FHFA, for the first time ever, is asking GSE customers to hold capital against the dollar amount of Ginnie Mae mortgages they service: 35 basis points.