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.

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.

The Federal Housing Finance Agency last week joined the OCC, FDIC and NCUA in reproposing a rule that will prohibit incentive-based compensation agreements.

FHFA has appointed Luis Campudoni chief information officer and Mary Peterman as chief financial officer.

Six months after completing its year-long review of the Federal Home Loan Bank System, FHFA is asking housing industry stakeholders how to create a mission statement that restores the banks' focus on housing.

The Federal Reserve, FHFA, large banks and the GSEs are all struggling to model the future impact of climate change, both on their specific businesses and on the broader economy.

The new requirements under FINRA 4210 will apply to trades in the to-be-announced market as well as other agency MBS positions.

The Financial Stability Oversight Council wants Congress to provide FHFA and Ginnie Mae authority to supervise nonbanks given their growing dominance of the mortgage servicing market.

The share of risk the government-sponsored enterprises is offering to investors is also on the rise.

With Freddie finally increasing its STACR issuance in the first quarter, the GSEs’ slump in CRT activity could be abating. Older deals continue to be retired in a steady stream of tender offers by the enterprises. (Includes data table.)