OIG auditors identify critical weaknesses in the security of FHFA’s public-facing websites and inadequate coordination between the agency, the Federal Home Loan Banks and federal financial regulators.

Under Director Pulte, FHFA has withdrawn proposed rules affecting enterprise liquidity requirements and the unsecured credit limits and boards of directors of the FHLBank System.

Freddie board member jumps to Fannie board; a week of CAS and STACR tender offers; and seller/servicer guidance for the shutdown.

One of the most common loan defects remains “incorrect income calculation — rental income/loss.”

The new option allows tri-merge resellers to calculate and deliver FICO scores directly to customers, bypassing the big credit bureaus. Experian countered with a move involving VantageScore 4.0.

Policy changes at the mortgage giant should make it easier for borrowers to purchase properties with ADUs.

The GSEs continue the modernization of the datasets critical to the mortgage industry, including updates that will be key to the implementation of multiple credit scores for mortgage borrowers.

The agency is appealing a jury verdict awarded to GSE shareholders for losses related to the net worth sweep. FHFA is also facing a lawsuit tied to an untimely response to a FOIA request.

Jim Rosen, head of product management and services at Mortgage Cadence, said lenders need additional guidance from FHFA and the GSEs.

FHFA’s spring regulatory agenda includes plans to reverse four proposed new rules from the prior administration and five rules that have already been finalized.