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Results 1 - 10 of 363 |
Posted Date: Friday, December 2, 2022
The Independent Community Bankers of America and the American Bankers Association called on the Federal Housing Finance Agency and federal banking regulators to align their capital rules to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.
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Posted Date: Tuesday, November 22, 2022
In a monthly survey by Fannie Mae, a substantial majority of consumers stated that they did not think it was a good time to buy a home.
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Posted Date: Friday, November 18, 2022
Shareholders of Fannie Mae and Freddie Mac (the GSEs) are preparing for next steps following a D.C. federal judge’s decision to grant a mistrial in their suit against the Federal Housing Finance Agency. This lawsuit is one of several in which shareholders are attempting to achieve some remedy to the 2008 conservatorship of the GSEs which saw them lose the control and compensation shareholders normally maintain.
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Posted Date: Tuesday, November 8, 2022
The Federal Housing Finance Agency announced approval of the FICO 10T and VantageScore 4.0 credit score models for use by Fannie Mae and Freddie Mac.
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Posted Date: Friday, November 4, 2022
In July, the Federal Housing Finance Agency (FHFA) issued a request for information (RFI) regarding the future role of fintech in housing finance. Through the RFI, FHFA sought information relating to how industry participants understood and utilized fintech.
The RFI garnered responses from a variety of trade groups offering information and suggestions on the matter.
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Posted Date: Tuesday, October 25, 2022
The Federal Housing Finance Agency has announced targeted changes to Fannie Mae and Freddie Mac’s guaranteed fee pricing by eliminating upfront fees for certain borrowers and affordable mortgage products.
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Posted Date: Tuesday, October 18, 2022
The Sixth Circuit Court of Appeals reinstated a lawsuit brought by Fannie Mae and Freddie Mac (GSEs) shareholders against the Federal Housing Finance Agency and the Department of the Treasury regarding the 2012 amendment to the 2008 conservatorship of the GSEs.
The shareholders maintain that following a 2021 Supreme Court case, the FHFA’s unconstitutional removal restrictions inflicted harm.
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Posted Date: Friday, October 14, 2022
The Federal Housing Finance Agency, Office of the Inspector General has published a memo identifying major challenges the agency, namely Fannie Mae and Freddie Mac, expects to face in 2023.
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Posted Date: Friday, October 7, 2022
Fannie Mae has appointed Priscilla Almodovar as CEO and member of its board of directors, effective Dec. 5, 2022. Almodovar will succeed David Benson, who has served as interim CEO and a member of the board of directors since May 2022. After her arrival, Benson will continue in his role as president.
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Posted Date: Tuesday, September 6, 2022
The Federal Housing Finance Agency (FHFA) announced it will begin a comprehensive review of the federal home loan bank system beginning in the fall. The review process will engage with the public and stakeholders to receive feedback in six specific areas of interest for FHFA.
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