The Federal Reserve says that lessons learned from the last round of quantitative tightening will allow the process to be faster this time.

FHFA wants the authority to suspend counterparties that have been sanctioned by other federal or state regulators. The agency argues that the outcomes of certain civil actions are analogous to criminal convictions.

FHFA could limit usage of FHLBank advances; losses narrow at Better in first quarter; home price appreciation slowing; the impact of higher interest rates on potential borrowers.

The disclosures include a new field denoting the largest race or ethnic group in a tract.

Lenders delivered $174.26 billion in loans into Fannie Mae and Freddie Mae mortgage-backed securities in the second quarter, a robust 37.9% sequential increase.

The Federal Housing Finance Agency proposed codifying the new equitable housing finance plans of Fannie Mae and Freddie Mac.

Fannie and Freddie will not buy condo loans in projects with unfunded repairs in excess of $10,000 per unit.

Most GSE sellers increased production in the second quarter, though first-half deliveries were still off 60.9% from a year ago. (Includes two data charts.)

Consolidating FHFA’s authority to support fair housing and fair lending laws under the umbrella of the GSEs’ equitable housing finance plans will improve access to mortgage credit for underserved communities, supporters say. The GSEs, however, see key problems.

Lenders have chafed at the temporary regulations put in place following the collapse of a Surfside, FL, condo in 2021, but those rules become permanent in September.