Issued in late November, the new FHFA regulatory framework mandates Tier I capital of at least 4.0% for Fannie and Freddie, a bar that some stakeholders believe is too high.
Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.
The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.