Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.
Tag: Federal Housing Finance Agency

FHFA to Host Multifamily Insurance Symposium; Agency Official Talks Other 2024 Priorities
SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry in 2024. With that in mind, the Federal Housing Finance Agency’s Siobhan Kelly, Associate Director of the Office of Multifamily Analytics and Policy, announced the agency will hold a multifamily insurance symposium March 13–with both in-person and virtual options–to brainstorm some solutions to insurance issues.

FHFA Releases 2024 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Tuesday released the 2024 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.

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.

MBASecondary23: A Look Ahead at Government Lending
NEW YORK–Leaders of FHA, the Federal Housing Finance Agency and Ginnie Mae shared recent developments and their outlook for future policies and activities here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo.

MBASecondary23: How the FHLBs are Evolving in a Changing Market
NEW YORK–Not everyone can become a member of the Federal Home Loan Bank System—just ask most independent mortgage banks.

Industry Briefs: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
The Federal Housing Finance Agency issued a Request for Input on Fannie Mae and Freddie Mac’s single-family pricing framework. The RFI solicits public feedback on goals and policy priorities that FHFA should pursue in its oversight of the pricing framework.

FHFA Rescinds Proposed Loan-Level Pricing Adjustment for DTI Ratios
The Federal Housing Finance Agency on Wednesday rescinded a controversial proposed loan-level pricing adjustment that the Mortgage Bankers Association said would have had adverse impact on both consumers and lenders.

MBA Education/MISMO Webinar May 1: Timeline and Updates for FHFA Credit Scoring Changes
MBA Education and MISMO hold a timely webinar, Timeline and Updates for FHFA Credit Scoring Changes, on Monday, May 1 from 1:30-2:30 p.m. ET.

To the Point with Bob: FHFA Needs a Better Plan on Loan-Level Pricing Fees
MBA members have a long history of adjusting to regulatory changes. Our more than 2,100 member companies, representing the full range of lenders, loan servicers, and other stakeholders, share FHFA’s goal of a sound mortgage finance system. MBA is certain, however, that the LLPA based on DTI would not advance the GSEs’ mission but instead create complications and problems for borrowers and lenders alike.