Following concerns expressed in a May 13 letter, the Federal Housing Finance Agency assured the Mortgage Bankers Association and other industry trade groups that industry stakeholders such as themselves would have sufficient time to implement necessary system and process changes that any updates to Fannie Mae and Freddie Mac’s credit score requirements would entail.
Tag: Sandra Thompson
FHFA, GSEs Detail Equitable Housing Finance Plans
The Federal Housing Finance Agency on Wednesday offered details of the government-sponsored enterprises’ Equitable Housing Finance Plans for 2022-2024.
FHFA Publishes Final Rule on GSE Capital Plans
The Federal Housing Finance Agency published a final rule that supplements the Enterprise Regulatory Capital Framework by requiring Fannie Mae and Freddie Mac to submit annual capital plans to the Agency and provide prior notice for certain capital actions.
FHFA Publishes Final Rule Amending GSE Reg Capital Framework on Public Disclosure Requirements
The Federal Housing Finance Agency on Thursday published a final rule amending the Enterprise Regulatory Capital Framework by introducing new public disclosure requirements for Fannie Mae and Freddie Mac.
Senate Confirms Sandra Thompson as FHFA Director
The Senate on Wednesday confirmed Sandra Thompson’s nomination to serve as Director of the Federal Housing Finance Agency.
#MBASecondary22: Ginnie’s McCargo, FHFA’s Thompson Look Ahead
NEW YORK—As with the mortgage industry, government agencies also had to transition quickly during the coronavirus pandemic.
The FHFA 2022-2026 Strategic Plan: What It Means for MBA Members
The Federal Housing Finance Agency last week released its 2022-2026 Strategic Plan for Fiscals Years 2022-2026, focusing guiding Fannie Mae, Freddie Mac and the Federal Home Loan Bank System for the next five years.
The FHFA Foreclosure Suspension for Borrowers Applying for Relief through Homeowner Assistance Fund; Implications for Servicers
Pete Mills, Senior Vice President of Residential Policy and Member Services with the Mortgage Bankers Association, cautioned that the policy could have unintended consequences for mortgage servicers.
Senate Banking Committee Moves Thompson Nomination to Head FHFA
The Senate Banking Committee on Wednesday approved Sandra Thompson’s nomination to serve as Director of the Federal Housing Finance Agency. The Mortgage Bankers Association issued a statement commending the vote.
FHFA Issues Final Rule Amending GSE Regulatory Capital Framework
The Federal Housing Finance Agency on Feb. 25 published a final rule that amends the Enterprise Regulatory Capital Framework by refining the prescribed leverage buffer amount and risk-based capital treatment of retained credit risk transfer exposures for Fannie Mae and Freddie Mac.