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.

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

The mortgage giant has implemented a requirement that seller/servicers maintain and share records of the types of fraud they see as well as any specific fraud cases they’re aware of.

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.

The mortgage giant announced a non-performing loan sale and the results of its latest STACR tender offer.

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.