Seven federal agencies have withdrawn a 2022 interagency statement that encouraged creditors to consider Special Purpose Credit Programs, adding another significant change to a fair-lending framework that the Consumer Financial Protection Bureau had already revised...
The Federal Home Loan Bank System was created in 1932. I don’t bring up that date because there is anything inherently wrong with a 94-year-old institution. Some of the most important pieces of our housing-finance system have been around for generations. I bring...
Federal Housing Finance Agency (FHFA) Director Bill Pulte is claiming “moneyed corporations” and members of the mainstream media are working to prevent his agency’s agenda. In a post to his personal X account, Pulte shared a portion of an email from Matt Birkbeck,...
Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the rescinding of five advisory bulletins and directives issued during the Biden administration. The rescinded actions involve the advisory bulletin on climate-related risk management, the directive...
The Federal Housing Finance Agency (FHFA) and the US Department of the Treasury announced amendments to the Preferred Stock Purchase Agreements (PSPAs) related to the government-sponsored enterprises (GSEs) Fannie Mae (OTCBQ: FNMA) and Freddie Mac (OTCQB: FMCC). At...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
