The Foreclosure Abuse Prevention Act, signed into law in 2022, blocks lenders from avoiding New York’s six-year statute of limitations on foreclosures by simply canceling the foreclosure. New language in Fannie’s loan modification agreement may negate FAPA’s block.

The agency’s 2024-2026 strategic plan includes a migration to the cloud and the development of AI capabilities.

The last-minute decision by the Trump administration to reduce GSE purchases of speculative and riskier loans had some unintended consequences.

The FHLBanks and their members may benefit to the tune of $8.4 billion from their status as government-sponsored enterprises.

Appraisers have dramatically reduced the use of prohibited words in their valuations, a sign Fannie has made strides in limiting bias against protected classes.

The Urban Institute, with funding from the National Fair Housing Alliance, has developed resources lenders can use to launch special purpose credit programs.

"We’re talking about going to a lower pace," said Fed Chair Jerome Powell.

The Fed could start cutting rates in June, according to projections by industry analysts. The Fed is also moving toward slowing the runoff of its holdings of Treasury securities and MBS.

Don Layton applauded FHFA’s plans to reform the FHLBanks, arguing that it will take strong, independent supervision to prevent them from exploiting their government subsidy for private gain.

Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.