Polunsky Beitel Green Principal Marty Green talks changes at the GSEs and impacts they could have on housing and mortgage
Tagged: Federal Housing Finance Agency (FHFA)
FICO claims its latest credit score identifies more risky borrowers, better serves lenders
Following FHFA announcement Tuesday, doubts arise regarding potential changes that may be needed to move to VantageScore credit scoring
Lenders will keep tri-merge credit scoring model; what this shift means
Alleges Powell lied in testimony to Congress regarding Fed building renovations, says Fed Chair should be fired
Meanwhile, FHFA also considering renaming LLPAs for mortgages the GSEs acquire
Powell said he sees ‘change in tone’ around digital assets, expects more crypto activity
Powell points to potential inflation increases as rationale for no rate cuts as Fed board members signal openness to lower rates
In sweeping declaration on social media, FHFA Director William J. Pulte says Fannie Mae and Freddie Mac must begin preparing to count cryptocurrency as an asset in mortgage underwriting
MBA says tri-merge credit checks cost lenders up to $100 per loan, doubling since pre-COVID, as industry pushes for a cheaper, single-report model