MBA Comments on FHFA’s Credit Scoring Implementation Plan

The Federal Housing Finance Agency yesterday announced updates to its implementation plan for the GSEs’ adoption of FICO 10T and VantageScore 4.0 and bi-merge reporting requirements. Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, issued the following comments.

FHFA Issues 2023-2024 GSE Multifamily Housing Goals

The Federal Housing Finance Agency on Wednesday issued its final rule for Fannie Mae and Freddie Mac that establishes the benchmark levels for their 2023 and 2024 multifamily housing goals.