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Mortgage leaders react to FHFA's ending of SPCPs

Summary by HousingWire

On Tuesday, Federal Housing Finance Agency (FHFA) Director Bill Pulte announced several policy changes via , including the end of special purpose credit programs (SPCPs) and rolled-back enforcement against unfair or deceptive acts or practices (UDAP). Without providing separate comments for each directive, Pulte also revoked climate risk management requirements for the government-sponsored enterprises (GSEs), eliminated rental payme…

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HousingWire

Mortgage leaders react to FHFA's ending of SPCPs

On Tuesday, Federal Housing Finance Agency (FHFA) Director Bill Pulte announced several policy changes via social media, including the end of special purpose credit programs (SPCPs) and rolled-back enforcement against unfair or deceptive acts or practices (UDAP). Without providing separate comments for each directive, Pulte also revoked climate risk management requirements for the government-sponsored enterprises (GSEs), eliminated rental payme…

5 days ago

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