The Federal Housing Finance Agency released historical credit score data held by Fannie Mae and Freddie Mac on July 1 to help facilitate industry adoption of the secondary mortgage market’s “modernized” scoring framework.

apprAIz, an appraisal technology company specializing in artificial intelligence (AI)-powered software, recently announced that its appraisal platform, valurAIz, has been approved by Fannie Mae and Freddie Mac for the new UAD 3.6 specifications.

Former federal regulators David Friend and Mike Silver spoke with Dodd Frank Update about the ramifications of the Supreme Court’s rulings that struck down a 91-year-old legal precedent limiting the president’s constitutional authority over independent agencies.

Cash buyers are surging, baby boomers dominate the housing market and first-time homebuyers have never made up a smaller share of recent purchases. Panelists at the National Settlement Services Summit in Kansas City agreed that despite ongoing inventory and affordability challenges, tighter collaboration between lenders, builders and settlement partners is what ultimately improves the consumer experience and drives referral business to title agencies.

The Appraisal Foundation recently launched a new series to introduce the individuals who comprise the Appraisal Standards Board, Appraiser Qualifications Board and Board of Trustees (BOT). Dodd Frank Update begin introducing these people to its audience by highlighting BOT Chair Frank Gregoire.

U.S. Speaker of the House Mike Johnson (R-La.) said he was optimistic President Donald Trump would sign the 21st Century ROAD to Housing Act after delivering it to his desk on June. 29, despite the president’s indications to the contrary. If Trump does not sign the bill or veto it within 10 days, it will become law automatically.

Some of the nation’s largest financial institutions are “well positioned to weather a severe recession” and continue lending activities, based on the results of the latest annual stress tests administered by the Federal Reserve.

The House voted 358-32 to pass the highly anticipated 21st Century ROAD to Housing Act on June 23, sending the one of the most comprehensive housing reform measures in decades to President Donald Trump’s desk. The next day, Trump announced he would not sign the legislation until Congress passed a voter eligibility bill.

The D.C. Circuit Court of Appeals denied the Consumer Financial Protection Bureau’s request to fast-track its modified reduction in force order but agreed to remand the matter back to the district court on June 19.