With the Federal Housing Finance Agency working to replace the classic FICO credit score model with the FICO 10T and VantageScore 4.0 credit score models for use by Fannie Mae and Freddie Mac, the agency is seeking public feedback on its implementation plans.
The Federal Housing Finance Agency will delay the implementation of a new debt-to-income ratio-based fee until Aug. 1 to allow additional time for lenders to prepare to deploy it.
FHLBank members are required to submit a community support statement once every two years that describes their community support activities.
The Federal Housing Finance Agency is seeking comment on proposed rulemaking to enhance and refine several provisions of the enterprise regulatory capital framework for Fannie Mae and Freddie Mac.
Neither Fannie Mae nor Freddie Mac currently issue labeled single-family social bonds.
Fannie Mae and Freddie Mac will reduce the upfront fee for commingled securities to 9.375 basis points starting April 1, the Federal Housing Finance Agency said this week.
Fannie Mae and Freddie Mac today announced plans to transition legacy Libor loans and securities to the Secured Overnight Financing Rate, the Alternative Reference Rates Committee’s preferred Libor alternative.
Fannie Mae and Freddie Mac have sold 155,034 nonperforming loans as of June 30, with a total unpaid balance of $28.7 billion, according to the Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency.
The Federal Housing Finance Agency today published a final rule that requires Fannie Mae and Freddie Mac to provide advance notice to the agency of new activities and obtain prior approval before launching new products.
The goals use the new percentage-based methodology outlined in the proposed rule issued this summer.