GAO auditors suggested FHFA update its procedures for how accounting personnel consider the impact significant policy changes may have on its financial reporting. FHFA declines, saying the current procedures are fine.

The trade group called for an all-of-government effort to solve the housing affordability crisis. That includes the GSEs.

The GSE beefed up requirements for smaller multifamily properties and inexperienced owners.

A new study found that using real estate agent-referred lenders not only increases borrowing costs for homebuyers but also shifts the burden of those costs disproportionately to the most vulnerable households.

In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.

For MBS investors, the biggest complication in the GSEs’ implementation of VantageScore 4.0 is likely loan-level pricing adjustments.

Fannie Mae expanded its portfolio by adding both whole loans and MBS, while Freddie Mac cut whole loans as it added MBS.

Stakeholders are speculating on the next steps for bringing the new credit scores to market without complete transparency.

Higher revenues and lower expenses drive $3.56 billion in first quarter profits for the mortgage giant.

An increase in Fannie's investment losses related to MBS acquisitions was more than offset by a shift from fair value losses to fair value gains.