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The bill, introduced by Rep. Derrick Van Orden, creates a permanent partial claim program for veterans.

The government-sponsored enterprise's expense cuts and revenue gains minimized an earnings decline stemming primarily from a revised credit loss provision.

The Senate Banking Committee passed a housing package that includes funding for manufactured and other kinds of housing, but also includes an appraisal provision that mortgage bankers oppose.

Pushing back on critics, VantageScore's Chief Strategist and Chief Economist says VantageScore 4.0 boosts competition and predicts risk better than FICO.

The former Goldman Sachs executive was reportedly shot accidentally by a Las Vegas man targeting the National Football League.

The Federal Housing Finance Agency approached Habib regarding becoming a member of the Fannie Mae board of directors, with the appointment effective July 21.

Allowing the same three companies to control both credit scoring and credit reporting removes one significant check on manipulation or distortion of consumer data, writes the Director of Consumer Reporting and Data Advocacy at the National Consumer Law Center.

Bond investors enter a frenetic week comprising the latest Treasury view on quarterly debt sales, a Federal Reserve meeting, and plenty of data crowned by the July jobs report.  

Given FHFA Director Bill Pulte's history of making regulatory pronouncements via X, some theorize the release of Fannie Mae and Freddie Mac could occur in the same way.

The Long Island-based company's second-quarter net loss was the seventh consecutive quarter in which it has reported a net loss. CEO Joseph Otting remained optimistic Friday about the bank's future, saying it should return to profitability in the fourth quarter.