The program is only for primary residences and the first mortgage must have a minimum seasoning…
Tag: FHFA
FHFA seeks public comment on GSEs’ underserved markets plans
The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans…
Republicans tell FHFA they oppose Freddie Mac’s closed-end second mortgage proposal
On Wednesday, the FHFA closed the comment period for the proposal, which was opened in April.…
Valverde appointed acting president of Ginnie Mae
Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as…
GSEs will not count buyer agent commissions as IPCs
Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable…
Race-based appraisal gaps have narrowed in recent years: FHFA
The Federal Housing Finance Agency (FHFA) this week published a blog illustrating that appraisal gaps between…
Republicans look to codify tri-merge credit model into law
Rep. Scott Fitzgerald (R-Wis.) has introduced a bill to the U.S. House of Representatives that would…
Equifax’s Work Number is too expensive and regulators should look into it: CHLA
Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration (FHA) and…