Tech Pulse: Lawmakers press FHFA on crypto for mortgages
Senators urging caution as the FHFA weighs unconverted cryptocurrency in mortgage underwriting is among this week’s top tech stories.
Bill Pulte
Auto Added by WPeMatico
Senate Democrats press FHFA on crypto use in mortgages
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.
Fired Fannie Mae workers sue over discrimination
Dozens of former Fannie Mae employees filed a lawsuit this week, alleging discrimination after being abruptly fired in April over donations made through the government-sponsored enterprise’s charitable program.
VantageScore 4.0 is coming. But much work needs to be done
Mortgage technology firms, credit reporting bureaus, resellers and the GSEs are feverishly working to get VantageScore 4.0 off the ground.
FHFA clarifies key VantageScore 4.0 implementation questions
A week after the initial announcement, FHFA Director Bill Pulte answered several key questions about the implementation of VantageScore 4.0.
Westcor joins Fannie Mae title waiver pilot
The pilot, relaunched by Fannie Mae in March 2024, allows approved mortgage lenders to use an automated title review process.
Armando Falcon on the FHFA’s move toward crypto mortgages
Armando Falcon, chairman and CEO of Falcon Capital Advisors, shares how the GSEs can be prudent in piloting the use of crypto in mortgages.
FHFA Director Bill Pulte says arrested Freddie Mac would-be bomber still contacting him
FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building has continued to contact him.
New listings slowdown shows lack of home seller stress in 2025
during the years of the housing bubble crash, new listings were soaring between 250,000 and 400,000 per week for many years.
FHFA Director Bill Pulte calls on Fed Chair Powell to resign
FHFA Director Bill Pulte called for Fed Chair Jerome Powell to resign today, shortly after President Trump demanded Powell lower rates.