The January amendments to the PSPA require the GSEs to follow the new QM rule, even though CFPB may not enforce the rule until October 2022. That means Fannie and Freddie will no longer purchase GSE patch loans after July 1.

Mortgage industry observers increasingly argue that Fannie Mae and Freddie Mac should be regulated as utilities. But conservative critics say, “Not so fast.”

FHFA says it has not “extended” the fee because it never announced an end date. Nevertheless, it will review the financial situation in October.

Although the enterprise did not reach FHFA’s benchmark for low-income re-finance mortgages, it’s not exactly in the regulatory doghouse.

The GSEs will provide investors with new loan-level and security-level data beginning June.

Veteran stock analyst Richard Bove upgraded the common shares of Fannie and Freddie to “hold” from “sell.” Last week, analyst Bose George had downgraded the stocks to “underperform.”

GSE watchers criticized FHFA Director Mark Calabria’s failure to acknowledge the agency’s role in the mortgage meltdown in 2008.

Independent mortgage bankers continue to argue that GSE caps on risk-layering and limits on mortgages for second homes and investment properties will harm borrowers and lenders alike.

A district court in Louisiana granted a motion to dismiss claims against some defendants in an antitrust case involving bonds issued by Fannie Mae and Freddie Mac.

Mat Ishbia, the CEO of the nation’s largest table-funder United Wholesale Mortgage, said FHFA limits on GSE purchases of second home and investment property mortgages are already adding to consumer costs.