Tag Archives: freddie mac

Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50

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Once Fannie Mae and Freddie Mac are ready to start accepting VantageScore 4.0, the algorithm will go head-to-head with the less inclusive FICO Classic score. Continue reading →

Feds charge Trump nemesis Letitia James with bank fraud

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James calls allegations over $109,600 mortgage baseless retribution, and a “continuation of the president’s desperate weaponization of our justice system.” Continue reading →

Fannie, Freddie close NY offices as Trump battles Letitia James

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The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say. Continue reading →

Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates

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If the government keeps tight control over the mortgage giants and provides an “implicit guarantee” of their debt, rates might rise by 1/5 of a percentage point, Stanford researchers conclude. Continue reading →

Credit bureaus slam plan to cut them out of FICO score pricing

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Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac’s new direct license pricing as a useful first step, but said more reforms and competition are needed. Continue reading →

Supreme Court not ready to let Trump boot Fed Governor Lisa Cook

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The legal battle over the Fed’s independence will drag into next year, with the Supreme Court to hear oral arguments in January on the Trump administration’s bid to fire Cook. Continue reading →

Democrats seek transparency into Fannie, Freddie ‘reprivatization’

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The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a “North Star” in plans for a secondary offering, but Dems complain they’ve been shut out of process. Continue reading →

How a government shutdown would affect real estate agents

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The National Flood Insurance Program, set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions. Continue reading →

Lenders getting a jump on higher 2026 conforming loan limits

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UWM and Pennymac are pricing jumbo mortgages of up to $819,000 as if they were conforming, ahead of an official announcement by Fannie and Freddie’s federal regulator in November. Continue reading →

Trump asks Supreme Court to remove Fed Governor Lisa Cook

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Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over unproven mortgage allegations. Continue reading →