Treasury and FHFA agreed on some guidelines for how the process of getting the GSEs out of conservatorship will work. But they didn’t set that process in motion.

Even if lawmakers can’t agree on how or whether to release the GSEs from conservatorship, there are incremental steps they can take, according to former FHFA Director Mark Calabria.

The remaining items on the Biden administration’s regulatory agenda for FHFA are primarily proposals affecting the Federal Home Loan Banks.

The housing goals include several benchmarks that have been reduced to reflect challenges in the mortgage market.

MBA revisits complaints about a new regulation that requires the GSEs to certify that third-party service providers are compliant with FTC rules covering unfair or deceptive acts or practices.

Trade groups point out that it sometimes takes days for lenders to get their collateral back after paying off a Fed advance.

Some industry groups are calling for a legislative solution to ending the conservatorships; others say FHFA and Treasury can do it themselves.

Although FHFA’s re-proposed rule takes into account many industry comments, stakeholders are seeking more clarification.

The council highlighted fintechs and nonbank mortgage servicers as potential threats to financial stability during times of stress.

The National Community Reinvestment Coalition urged the GSEs to provide more analysis and demographic data.