Both Fannie and Freddie continue to sell off NPLs and RPLs, in keeping with directives from FHFA to reduce the size of their portfolios.

Industry players had raised concerns that the original proposal would have been too broad and included misconduct that didn’t affect safety and soundness.

Researchers compared the performance of borrowers with a credit score from FICO 10 T with previously unscoreable borrowers who are given a score based solely on traditional credit bureau data.

The GSEs will expand eligibility for loan modifications by revising mark-to-market LTV ratio-based requirements and using a step-by-step process until the borrower’s P&I payment is reduced by 20%.

Federal Housing Finance Agency researchers recently updated the number of home sales lost to the “lock-in” effect to 1.7 million units.

With Diana Reid taking charge as CEO of Freddie Mac, women now run four of the most important agencies in housing finance.

Although a Republican victory in November might revive efforts to release the GSEs from conservatorship, this would likely be a multi-year effort, according to the former FHFA director.

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.