Almost all the temporary seller flexibilities FHFA put in place because of the pandemic have either been retired or incorporated into the normal selling guides.
The Underserved Mortgage Markets Coalition has put together a list of actions the GSEs can take to meet their obligations under FHFA’s duty-to-serve program.
Biden’s FHFA nominee Sandra Thompson has made it clear that the agency can’t end the conservatorships without help from the Departments of Treasury and Justice and, most importantly, Congress itself.
In April, Fannie and Freddie will begin charging sharply higher LLPAs on second-home and high-balance mortgages. The change is likely to expand non-agency securitizations at the expense of Fannie and Freddie.