|House SECURE Support Letter - Coalition||Reps. Madeleine Dean and Kelly Armstrong||06/11/21|
|Coalition Support Letter Regarding S3533 - HR 6364 SECURE Notarization Act||116th Congress||03/26/20|
|G-Fee Coalition Letter||Congress||03/09/20|
|Letter on SBREFA Panel AVM Models||Consumer Financial Protection Bureau||05/13/22|
|Joint Letter on GSE Credit Score Model Framework||Federal Housing Finance Agency||05/13/22|
|Letter on Re-proposed Seller Servicer Requirements||FHFA||04/25/22|
|Comments on 2022-2026 FHFA Strategic Plan||FHFA||03/13/22|
|Letter on Capital Planning and Stress Capital Buffer Determination||02/25/22|
|Housing-Finance Reform: The Community Bank Perspective||Senate Banking Committee||Written Statement||09/10/19|
The Federal Housing Finance Agency re-proposed minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller-servicers.
Details: The proposal:
Would update previously established minimum financial requirements.
Is designed to strengthen required capital and liquidity for seller-servicers with different business models while improving the standards’ transparency and consistency.
Differentiates servicing mortgages held by Ginnie Mae and the government-sponsored enterprises.
Incorporates feedback from the agency's 2020 proposal and lessons from the market reaction to the COVID-19 pandemic.
Comment Deadline: The FHFA is receiving input on the proposal for 60 days at ServicerEligibility@fhfa.gov. ICBA will submit comments.
Outlook: The FHFA said it anticipates finalizing requirements in the second quarter of 2022, most of which will be effective six months after they are finalized, and some will be phased in over longer periods of time.