FHFA

The Federal Housing Finance Agency issued a directive requiring Fannie Mae and Freddie Mac to develop proposals for incorporating cryptocurrency into single-family mortgage loan risk assessments. The agency hopes this will help to promote sustainable homeownership. Read on »

The federal banking agencies published comprehensive data depicting communities presenting opportunities for covered institutions to receive Community Reinvestment Act (CRA) compliance credit through outreach activities, as well as a list of banks recently evaluated for their efforts to fulfill their CRA obligations. Read about these reports and more in this regulatory roundup. Read on »

President Donald Trump has vowed to end the conservatorship of Fannie Mae and Freddie Mac, drawing concerns and criticism from some lawmakers about the lack of details about how the administration plans on doing so and the potential impact to the mortgage market and the broader financial system. Read on »

Amid ongoing discussions about housing affordability, federal regulators published information about states where home prices have seen the most significant increases over the past year. Learn more about this and other topics in this roundup. Read on »

In an effort to roll back rules some would describe as “unnecessary, unlawful, unduly burdensome and unsound,” the Office of Management and Budget issued a request for information for interested stakeholders. The Mortgage Bankers Association responded with a list of recommended revisions and rescissions for rules spread across various agencies. Read on »

Federal Housing Finance Agency Director Bill Pulte levied accusations of mortgage fraud against New York State Attorney General Letita James in a letter submitted to the Department of Justice. Read on »

The financial services industry has had its hands full keeping up with a multitude of actions by federal agencies rescinding and sometimes replacing guidance and entire programs related to regulatory provisions and the treatment of digital assets. Learn about some of the most recent actions affecting financial policy in this regulatory roundup. Read on »

The Federal Housing Finance Agency rescinded guidance establishing expectations for the government-sponsored enterprises and the Federal Home Loan Banks regarding unfair or deceptive acts or practices. Read on »

The Senate confirmed Bill Pulte as the new director of the Federal Housing Finance Agency. He will be the fifth person to run the agency since its establishment in July 2008 as part of the Housing and Economic Recovery Act. Read on »

The Senate confirmed Bill Pulte as the new director of the Federal Housing Finance Agency (FHFA) by a vote of 56-43 on March 13. He will be the fifth person to run the agency since its establishment in July 2008. Read on »