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Title | Recipient | Date |
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Joint Letter Supporting Bill to Stop Abusive Trigger Leads | Senate Banking Committee, House Financial Services Committee | 03/11/24 |
ICBA Letter in Support of S.3502 | U.S. Senate | 12/15/23 |
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 |
Title | Recipient | Date |
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Joint Letter on VA Minimum Property Standards | Department of Veterans Affairs | 02/09/24 |
Letter on Reconsiderations of Residential Real Estate Valuations | FDIC, Fed, OCC, CFPB | 09/20/23 |
Joint Letter on Suspended Counterparty Program Proposal | Federal Housing Finance Agency | 09/18/23 |
Comments on Quality Control Standards for Automated Valuation Models | CFPB, FDIC, Fed, FHFA, OCC | 08/21/23 |
Fannie Mae and Freddie Mac Single-family Mortgage Pricing Framework RFI | Federal Housing Finance Agency | 08/14/23 |
Title | Committee | Presenter | Date |
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Feb. 25, 2022
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 [email protected]. 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.