Changes would authorize suspension of business with counterparties that commit misconduct.
Tagged: Federal Housing Finance Agency (FHFA)
Home price indexes differ, though, on year-over-year results
GSEs have helped more than 6.7 million troubled homeowners since 2008.
Legislation would restore single-family pricing framework to what existed before May 1, 2023.
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
Both FHFA, S&P CoreLogic Case-Shiller indexes show year-over-year, month-over-month increases.
Tells House committee it’s “simply not true” that financially stronger borrowers are subsidizing others.
CEO Bob Broeksmit calls for sensible Regulation, clarity, and support for the mortgage industry.
FHFA also seeking input on the process for setting the GSEs’ single-family upfront guarantee fees.
Seeks additional analysis for some portions of proposed changes.