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Regulation and Compliance
Coming Up:
6 Federal Agencies Seek Comment On Proposed Rule For AVMs
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
FHA Proposes New Program To Help Struggling Homeowners
Legal expert questions whether agency has authority to implement the program.
Fitch Places Fannie, Freddie On Negative Ratings Watch
Ties credit rating to outcome of U.S. debt limit negotiations.
FHFA Director Strongly Defends New GSE Pricing Framework
Tells House committee it’s “simply not true” that financially stronger borrowers are subsidizing others.
MBA CEO Criticizes Government Response To Economic Challenges
CEO Bob Broeksmit calls for sensible Regulation, clarity, and support for the mortgage industry.
Freddie Mac Updates Income Assessment Tool To Use Digital Pay Stubs
Says new capability helps lenders calculate borrower income more quickly and precisely.
MISMO Seeks Comment On Updated Closing Instructions Format
The new set of enhanced work products designed to create a common format for closing instructions.
Fannie Mae Executes 5th Credit Insurance Risk Transfer Of 2023
Covered loan pool includes about 53,000 single-family mortgage loans with a UPB of approximately $18.1 billion.
FHFA Seeks Input On Update To GSEs’ Single-Family Pricing Framework
FHFA also seeking input on the process for setting the GSEs’ single-family upfront guarantee fees.
MBA Urges FHFA To Delay Changes To Enterprise Regulatory Capital Framework
Seeks additional analysis for some portions of proposed changes.