Changes to the models Fannie Mae uses for its Dodd-Frank Act stress tests increased the enterprise’s projected profits over the nine-quarter test period by $3.7 billion.

By declining to hear the case of Rop v. FHFA, the Supreme Court effectively shut down shareholder hopes of ending the net worth sweep based on the constitutionality of the appointment of FHFA’s director.

The transactions are sub-brokered by a new partner for the GSE, a minority-led reinsurer.

GSE officials recently outlined the timeline for implementing the new credit score models and some of the challenges that implementation poses for mortgage industry stakeholders.

FHFA recently changed the upfront fees charged by Fannie and Freddie, in part to help meet the highly conservative capital requirements imposed on them by former Director Mark Calabria. Now, critics of the fees have joined critics of the conservatorship.

As the Biden administration focuses on ending discrimination in appraisals, trade groups and industry advocates call for standards on reconsiderations of value.

Fannie has updated its selling guide to provide modest flexibilities on manufactured home loans, adjustable-rate mortgages and cash-out refinances.

New MBS disclosures from Fannie and Freddie reflect changes in property valuation methods.

Implementation of the new AMI limits took place this week in Loan Product Advisor and will take place next week in Desktop Underwriter.

Former Voya Financial Chief Risk Officer Chetlur Ragavan will sit on the board’s risk management committee.