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Home » Topics » Inside The GSEs » FHFA

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States Challenge Automated Underwriting Systems

May 17, 2024
Dennis Hollier
FHFA and the Mortgage Bankers Association have asked legislators to exempt Fannie Mae and Freddie Mac from new laws governing the use of automated underwriting systems and other artificial intelligence tools.
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GAO Tags Accounting Errors at FHFA

May 17, 2024
Dennis Hollier
FHFA and its Office of Inspector General both missed the Bureau of Fiscal Service’s faulty calculation of the agency watchdog’s yearend payroll liability.
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Rule Prohibiting Incentive-Based Comp Reproposed

May 17, 2024
Dennis Hollier
The Federal Housing Finance Agency last week joined the OCC, FDIC and NCUA in reproposing a rule that will prohibit incentive-based compensation agreements.
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More Personnel Moves at FHFA

May 17, 2024
Dennis Hollier
FHFA has appointed Luis Campudoni chief information officer and Mary Peterman as chief financial officer.
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Can the GSEs Ever Earn Enough Money?

May 3, 2024
Dennis Hollier
Even though Fannie Mae and Freddie Mac maintained healthy profits in a tough market in the first quarter, their capital shortfalls under the ERCF remained absurdly high. (Includes data table.)
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Lenders Like Freddie’s Plan to Purchase Closed-End Seconds

May 3, 2024
Dennis Hollier
Although some non-agency players may see Freddie’s plan to purchase closed-end seconds as competition, many lenders see a way to create more liquidity in the sector.
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Criticism to Ending Tri-Merge Credit Process Mounts

May 3, 2024
Dennis Hollier
Will allowing lenders to omit one of the three credit scores from the underwriting process reduce costs for borrowers or ensure that some unqualified borrowers inadvertently get a loan they can’t afford?
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GSEs Standardize Appraisal Complaint Process

May 3, 2024
Dennis Hollier
FHFA and HUD have teamed up to initiate a formal request for reconsideration of value for borrowers and sellers who believe their appraised value is undocumented or biased.
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Enterprises Clarify Definition of First-Generation Homebuyer

May 3, 2024
Dennis Hollier
Fannie Mae and Freddie Mac take a step toward addressing the racial and ethnic gap in intergenerational wealth.
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Final Rule Codifies GSEs’ Fair Lending Responsibilities

May 3, 2024
Dennis Hollier
A new rule from FHFA has enshrined fair lending requirements of the GSEs, including the treatment of their equitable housing finance plans.
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