FHFA

Allowing lenders to choose the number of credit reports they use would force the credit bureaus to clean up their data issues and provide consistent scoring, writes the Chairman of Whalen Global Advisors.

The Federal Housing Finance Agency has barred 51 people from working with Fannie Mae and Freddie Mac this year, the most suspensions in any calendar year.

The big three's trade group has said they operate legally and protect the industry with a trio of reports. FHFA also is opening up VantageScore for all lenders.

The government-sponsored enterprise oversight chief said his agency is focusing on select fees applied to mortgages that lenders sell to Fannie and Freddie.

All but one letter agreed that reputational harm should not be a reason to put an individual or company on the secondary market suspended counterparty list.

The bill, which is meant to free up housing supply locked in by high mortgage rates, does not include assumable mortgages which stick with the property.

The agency proposed to repeal a regulation that requires FHLBanks to submit formal notices before engaging in new business activities that carry unmanaged risk.

Two key Senate Democrats are pushing Bill Pulte to prove that he's still fulfilling his duties as the nation's top housing regulator now that he's also taken over as acting spy chief — or resign instead.

The shift, which is in line with a similar one by other regulators, could be significant for mortgage businesses that work with Fannie Mae and Freddie Mac.

The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.

The Federal Housing Finance Agency's annual report to Congress asks for enforcement and referral powers beyond the limited ones it currently has.

Clayton, as US attorney for the Southern District of New York, heads the nation's most prominent federal prosecutors' office.

President Donald Trump said that Bill Pulte will only serve as national intelligence director on an acting basis, adding that he is interviewing permanent candidates for the position. 

Analysts said Bill Pulte's new additional role as spy chief will further delay GSE privatization efforts, although that could change if he formally departed.

While disparate impact has never been under greater legal pressure, its influence on the future of housing policy and even employment continues to grow, showing that reducing discriminatory effects is good for business.

The letter requested the agency to consider expanding the use of hybrid valuation methodologies and increasing the deployment of value acceptance.

Pulte alleged that James appeared to misrepresent who would occupy property in separate homeowner insurance applications, saying the documents could indicate that James "may have defrauded" insurers in those states.

Fannie Mae and Freddie Mac's single-family updates include some roof coverage options somewhat similar to what's used in one of their other divisions.

A Federal Housing Finance Agency report suggests it should have more authority over companies that work with Fannie Mae and Freddie Mac.

San Francisco-based Anthropic is challenging a decision by the department and other federal agencies like the Federal Housing Finance Agency to shift their AI work to other providers.