Freddie is adding loan mod functions to its Resolve system and retiring Workout Prospector. The GSE is also setting new fraud reporting requirements for lenders and servicers.

FHFA’s OIG found some inconsistencies in how FHFA reviews the GSEs’ compliance with flood insurance requirements.

Experts recommend industry stakeholders start working with the new credit scores if they want to be prepared when the transition from FICO Classic to FICO 10 T and VantageScore 4.0 goes into effect.

New appraisal process will replace nine forms with a single, dynamic, data-driven form that works for all single-family residential properties.

Landlords who repeatedly fail to provide tenants the new enterprise protections could be subject to a 0.20% penalty on their original loan amount or even a default.

Lenders will soon be able to deliver their own green MBS into Fannie’s green MBS program. Currently, only whole loans are accepted.

Doug Duncan will step down as chief economist Sept. 22.

Even with the implementation of new asset haircuts and other restrictions into the private mortgage insurance eligibility requirements framework, GSE-approved insurers say they will still have large available asset buffers.

FHFA’s proposed rule responds to market trends that have made it difficult for the GSEs to meet their benchmark goals.

Rather than leave its digs in downtown DC, as announced earlier this year, Fannie Mae opted to renew its lease, albeit with a much smaller footprint.