Freddie clarifies how servicers should handle COVID-19 flex modifications for borrowers who recently became delinquent. Fannie announces a tool to compute the monthly income of self-employed borrowers.

The enterprise will offer new single-family green disclosures that will allow investors to easily identify mortgage-backed securities that consist of loans eligible for Fannie’s green bonds programs.

At FHFA’s direction, the GSEs have been working to ensure lenders can identify condo projects that are ineligible due to deferred maintenance or characteristics like excess commercial space or investor concentration.

Stricter energy codes would lower residents’ housing costs, improve their health and make them more resilient to the impacts of climate change, according to environmental and consumer groups.

The government-sponsored enterprise has collaborated with state housing finance agencies to develop standardized loan documents to simplify the use of downpayment assistance programs.

Although the GSEs financed fewer affordable units in small multifamily properties, the number of affordable units in Fannie- and Freddie-financed high-rises and garden apartments spiked from 170,000 to 248,000.

This week, the GSEs began providing investors the Social Density Score and Social Criteria Share attributes for Supers and Megas.

The baseline conforming loan limit for 2024 will rise $40,350 to $766,550 on mortgages for one-unit properties.

The enterprise’s plan closely resembles an alternative to current buyback policy that was proposed by CHLA in May.

As expected, the amended enterprise regulatory capital framework reduces the risk weight for commingled securities from 20% to 5%.