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Federal Housing Finance Agency

Fired Fannie Mae workers sue over discrimination

Bill Pulte, Discrimination, Fannie Mae, Federal Housing Finance Agency, HWmember, Lawsuit, Legal, Mortgage /

Dozens of former Fannie Mae employees filed a lawsuit this week, alleging discrimination after being abruptly fired in April over donations made through the government-sponsored enterprise’s charitable program.  The lawsuit, filed Monday in the U.S. District Court for the District of Columbia, claims that on April 2, more than 80 employees received an email from […]

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MBA, FHFA explore single credit report for mortgages

credit report, Federal Housing Finance Agency, Government Lending, GSE Reform, GSEs, HWmember, LendingLife, Mortgage, Mortgage Bankers Association /

While the Federal Housing Finance Agency (FHFA) under President Joe Biden proposed a transition from a tri-merge to a bi-merge credit report system, the Mortgage Bankers Association (MBA) is now assessing the feasibility of moving to a single credit report for mortgage underwriting. Bob Broeksmit, president and CEO of the MBA, wrote in a blog

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