FHFA gave Fannie Mae high marks for its performance in the duty-to-serve market for manufactured housing even though Fannie missed all four of its target objectives.

Major credit reporting bureaus insist that the tri-merge scoring process is better than a bi-merge. They said the impact on revenues from moving away from the tri-merge for GSE mortgages would be limited.

There’s the LLPA reduction for VS4, lower prices compared with FICO and a more expansive population of scored consumers.

The president is getting more assertive in using the GSEs to achieve political and policy objectives, according to Jaret Seiberg, an analyst at TD Cowen Washington Research Group.

GSE shareholders are moving closer to an $812 million payout after the DC Circuit Court declined to rehear Fairholme Funds v. FHFA.

Large lenders are flocking to deploy VantageScore 4.0, but others are being more cautious due to shifting GSE guidelines. There’s also uncertainty for investors in MBS and MSRs.

In recent weeks many lenders increased their loan limits for conforming loans ahead of anticipated increases by FHFA.

With Democrats expected to gain majority in the House, and their odds of Senate control improving, congressional oversight of federal agencies may increase next year.

FHFA plans to issue a proposed rule regarding credit-risk retention and the SEC is working toward a proposal to encourage issuance of publicly registered MBS and ABS.

Home prices declined slightly on a monthly basis in April. But home price appreciation is expected to pick up on an annual basis.