Although Fannie Mae and Freddie Mac met their duty-to-serve obligations, that doesn't mean they achieved all their goals. Both enterprises received low scores in some categories.
Fannie Mae and Freddie Mac released details on FHFA’s new policy of extending natural disaster-related reps-and-warranty relief to mortgagees impacted by the pandemic.
If FHFA follows through on the shift from the tri-merge to a bi-merge system, two million borrowers currently eligible for a GSE mortgage would no longer qualify, according to a report from TransUnion.
An audit by FHFA’s Office of Inspector General found that the agency’s Office of Housing and Regulatory Policy hasn’t conducted adequate oversight of the new reports.
The vast amount of appraisal data released over the past year by FHFA has been a boon to researchers. However, many critics argue the regulator and the regulated entities should release all appraisal data.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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