FHFA

Fannie Mae and Freddie Mac are collaborating with the Federal Housing Finance Agency and the U.S. Department of Housing and Urban Development to implement new credit score models as part of a joint effort to create a “modernized and more competitive” framework for mortgage underwriting. Read on »

The Uniform Appraisal Dataset (UAD) 3.6 becomes mandatory for Fannie Mae and Freddie Mac this year. In an exclusive interview, Valligent executives explain how lenders not already preparing for this transition face significant operational, compliance and competitive risks. Read on »

Fannie Mae issued a formal letter establishing governance principles for the appropriate use of artificial intelligence (AI) and machine learning (ML) among its single-family sellers and servicers. The move is a major step in establishing a regulatory regime around AI/ML technologies. Read on »

As part of its ongoing commitment to supporting a smooth transition to the Uniform Appraisal Dataset 3.6 and Forms Redesign, Freddie Mac and Fannie Mae made minor updates to existing documentation on their websites. Read on »

The Federal Housing Finance Agency’s annual performance plan for fiscal year 2026-2027 included strategies and objectives for modernizing the Federal Home Loan Bank system and the government-sponsored enterprises. The report warned of third-party risks to mortgage liquidity among the agency’s regulated entities. Read on »

When Congress enacted the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act in July 2010 amid the wreckage of the 2008 financial crisis, the financial services industry had no shortage of questions about the sweeping implications of the new law. Within a year, October Research, LLC, added a new publication to its portfolio with a mission to answer those questions and called it Dodd Frank Update. We have appreciated the positive feedback from the industry over the years affirming that our coverage in this space is among the most comprehensive available. Read on »

President Donald Trump signed two executive orders on March 13 aimed at spurring regulatory policy changes to increase mortgage credit access and affordable housing construction. Dodd Frank Update turned to Garris Horn LLP Co-Managing Partner Rich Horn for expert analysis. Read on »

The complexity of the secondary mortgage market was the focal point of a hearing held by the House Financial Services Committee’s Housing and Insurance Subcommittee on Feb. 11. The hearing featured testimony on the current securitization framework and ideas for preserving liquidity, competition and access to the 30-year fixed-rate mortgage. Read on »

Two “aggressive housing reform plans” President Donald Trump announced via social media to open 2026 would have major implications for the housing industry if implemented. Read on »

The Federal Housing Finance Agency issued a final rule establishing housing goals for Fannie Mae and Freddie Mac for 2026 through 2028. Industry stakeholders reacted to the agency’s decision to adopt lower lending benchmarks for low-income communities, including one reduction not included in the proposed rule. Read on »