Affordable housing and community development advocates say taxpayers aren’t getting enough for the government subsidy of the FHLBanks. The FHLBanks say critics misunderstand their federal support.

The list of challenges facing FHFA include the GSEs’ multifamily business, the Office of Inspector General said in a new report.

AXIS Insurance became the second entity to settle in a Freddie lawsuit alleging that some D&O insurance providers refused to properly reimburse the GSE for legal expenses incurred during the 2008 crisis.

Freddie will begin accepting Meridian-brokered multifamily loans Jan. 1. However, the company will be subject to stricter due diligence.

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%.

Lora McCray joins the American Bankers Association.

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