Title insurance advocates are incensed by FHFA’s announcement that a once-dead title waiver pilot is alive and well.

Lenders will now be able to use a single verification report to validate income, employment, assets, positive rent payment and cash flow history. However, the report must have at least 12 months of data.

The regulator delayed implementation of the controversial bi-merge scoring model and accelerated the release of historical credit score data.

FHFA said proposed changes to the American Survey of Mortgage Borrowers will help to inform oversight of the GSEs and FHLBanks.

The capital markets teams at Fannie Mae and Freddie Mac combined announced five transactions over the past week.

New research shows, in some instances, lenders passed on to borrowers as much as 120% of the cost of the fee, which ended in July 2021.

Lingering capital shortfalls belie higher net incomes at Fannie Mae and Freddie Mae in 2023. (Includes data table.)

The Federal Reserve published a hypothetical economic collapse for banks to use in their annual stress test this year. The same scenario might be used by FHFA for Fannie Mae and Freddie Mac.

Fannie Mae has added three new attributes to its daily prepayment report for mortgage-backed securities. The enhancements will provide timely data on principal reductions.

The Morgan Stanley veteran will oversee technology and operations at the mortgage giant starting in May.