Fannie reported a 3.6% increase in seller repurchases during the fourth quarter, while Freddie volume was essentially flat. For the year, lender buybacks were down 36% from 2023. (Includes three data tables.) Read More

FHFA under the leadership of Bill Pulte has rescinded, deleted or closed at least eight agency directives without providing notice on the agency’s website or announcing the changes in a press release. Read More

Former Fannie and Freddie CEOs question the durability and utility of the uniform MBS in a post-conservatorship mortgage market. Read More

The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted. Read More

Trade groups want FHFA to conduct a cost/benefit analysis before implementing the long-awaited shift from Classic FICO to FICO 10 T and VantageScore 4.0. Read More

Lenders can now expect a streamlined feedback certificate and faster identification of rep and warrant relief. Read More

An OIG report noted that FHFA has been following appropriate procedures when it reviews GSE proposals for employee retention awards. Read More

Desktop Underwriter will now automatically populate Underwriting Findings with information from Condo Project Manager. Read More

Aaron Kofsky has joined FHFA’s Division of Housing Mission and Goals. Read More