In a wide-ranging conversation, FHFA Acting Director Sandra Thompson described how innovation and new technology can bring more equity to the homebuying process.

The former firefighter and DOJ official steps into the shoes of once held, with controversy, by Linda Wertheimer.

The nomination of Sandra Thompson to head the Federal Housing Finance Agency moved forward this week when the Senate Banking Committee voted 13-11 in her favor.

The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.

Also on the table: Will there be just one credit score model, or will lenders be able to select from multiple options?

The new requirements would distinguish between large and small servicers and whether that servicing covers GSE loans or Ginnie Mae loans.

The ruling makes it unlikely GSE shareholders will ever receive compensation for the value they lost through the net worth sweep.

The regulator has amended the capital rule to improve the capital treatment of credit-risk transfers and reduce the size of the leverage buffer for the GSEs.

The enterprises should have procedures supervising “covered parties,” up to and including monitoring their brokerage accounts.

Almost all the temporary seller flexibilities FHFA put in place because of the pandemic have either been retired or incorporated into the normal selling guides.