After 18 months in purgatory, the broker giant resumed GSE activity in June with a $173 million Freddie-backed refi for a Manhattan apartment building.

By some estimates, the average short sale or a foreclosure costs the GSEs $19,000 more than putting the borrower through a home-retention program.

New standards tied to Bank Secrecy Act; UCD testing environment; servicing updates planned; Pulte makes crypto announcement; DeVito surfaces at NVR.

FHFA created U.S. Financial Technology, a company that will take over Common Securitization Solutions.

Changes to Common Securitization Solutions, including being renamed U.S. Financial Technology, appear to set the company up to serve additional secondary mortgage market participants.

Industry insiders push the National Directory of New Hires as an alternative to a current process involving the IRS as a way to verify income and employment while expanding the digitization of the mortgage process.

FHFA's director ordered Fannie and Freddie to develop proposals for including cryptocurrency in borrower reserves when underwriting mortgages.

The redesigned UAD 3.6 standard expands coverage to all property types.

Sales of new single-family homes declined by 13.7% on a monthly basis in May.

As the seven-plus-year redesign of the UAD and the URAR nears completion, the GSEs prepare industry stakeholders for the changes.