FHFA Extends Deadline for Feedback on GSEs’ Use of Alternative Credit Scoring Models
The Federal Housing Finance Agency (FHFA) has extended the deadline for feedback on whether government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should consider...
Senate Bill Would Reverse FHFA Ruling Barring ‘Captive Insurers’ from FHLB Membership
A bipartisan bill introduced in the Senate would reverse a 2016 ruling from the Federal Housing Finance Agency (FHFA) to disallow captive insurance companies...
Freddie Mac Rolls Out ACIS Forward Risk Mitigation
Freddie Mac has expanded its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation (AFRM), a front-end credit risk transfer (CRT) offering...
To Avoid Treasury Draw, FHFA Reinstates GSEs’ Capital Buffers at $3B Each
In order to avoid a possible taxpayer draw from the U.S. Treasury resulting from changes in the corporate tax code, the Federal Housing Finance...
GSEs Publish Final Underserved Market Plans
As mandated by the Federal Housing Finance Agency (FHFA), government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac have published their final Duty to Serve...
Single-Source Validation: A Key Component of Fannie Mae’s Day One Certainty Program
Fannie Mae has so far added 16 providers of income, asset and employment data to its network of Day One Certainty-approved technology vendors
New 30-Year Loan Program for Manufactured Homes Launched in New Hampshire
New Hampshire is one of the first states to pass legislation recognizing manufactured homes located in resident-owned communities as real property.
Freddie Mac Provides New CRT Pricing Disclosures
Freddie Mac says it is making available pricing and deal terms for all Agency Credit Insurance Structure (ACIS) and Whole Loan Securities (WLS) transactions...
GSEs Remind Servicers of Forbearance Guidelines for Disaster Victims
Fannie Mae and Freddie Mac have issued reminders to its mortgage servicers that concern borrowers in the Gulf Coast area whose homes may have...
GSE Rolling Out Automated Collateral Evaluation on September 1
Freddie Mac says it is now offering its automated collateral evaluation (ACE) service to consumers who are buying homes or refinancing existing mortgage loans....
OFHEO: GSE Loan Limit To Remain Unchanged
The Office of Federal Housing Enterprise Oversight (OFHEO) announced the maximum 2008 conforming loan limit for single-family mortgages purchased by Fannie Mae and Freddie...