NAR Call To Action
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The FHFA announced that it will implement a framework for adopting two new credit scoring models by Fannie Mae and Freddie Mac.
The FHFA announced the elimination of certain loan level pricing adjustments (LLPAs) that it charges particular borrowers. Find out which categories of borrowers the FHFA is eliminating upfront fees for.
FHFA announced their transition from using Classic FICO to allowing Fannie and Freddie to use newer versions of FICO and Vantage.
NAR applauds FHFA for reducing loan-level pricing adjustments for first-time, low and moderate income, and other homebuyers.
A three-judge panel for the U.S. Court of Appeals for the Fifth Circuit ruled that the Consumer Financial Protection Bureau’s (CFPB’s) independent funding stream from the Federal Reserve system was in violation of the Constitution’s Appropriations Clause and separation of powers principles.