June 16, 2022
In This Issue:
- TDI Title Insurance License Applications and Renewals Now Available Online
- Prolific Ads Push Questionable Claims About Title Theft 'Crime Wave'
- FHFA News
TDI Title Insurance License Applications and Renewals Now Available Online
Texas Department of Insurance | June 10, 2022
The Texas Department of Insurance announced that title licenses can now be applied for and renewed online via Sircon – a modernization initiative that should provide a more efficient licensing experience.
Learn more about applying, renewing and documentation on
TDI's title insurance licensing page.
Prolific Ads Push Questionable Claims About Title Theft 'Crime Wave'
ABC News | June 14, 2022
You may have seen ads for the anti-fraud service Home Title Lock on national TV, heard them on talk radio, or watched them on social media -- often featuring right-wing personalities such as Rudy Giuliani or Newt Gingrich.
The prolific ads urgently warn of a scam called "home title theft," when a con artist fraudulently claims ownership of someone else's home to swindle lenders or even sell the property.
Read More »
FHFA News
FHFA Announces Equitable Housing Finance Plans for Fannie Mae and Freddie Mac
Federal Housing Finance Authority | June 8, 2022
The Federal Housing Finance Agency (FHFA) announced the release of Fannie Mae's and Freddie Mac's (the Enterprises) Equitable Housing Finance Plans for 2022-2024. These plans are designed to complement the initiatives outlined in FHFA's Strategic Plan: Fiscal Years 2022–2026 that promote the Enterprises' safety and soundness and foster housing finance markets that provide equitable access to affordable and sustainable housing.
Read More »
FHFA Wants GSE Pricing Tweaks and Counterparty Exam Authority
HousingWire | June 15, 2022
Fannie Mae and Freddie Mac’s pricing frameworks may see changes to better serve “core mission borrowers,” according to the Federal Housing Finance Agency (FHFA).
The regulator also, again, argued for examination authority over entities doing business with the government-sponsored enterprises.
In its annual report to Congress, FHFA said it instructed the enterprises to “begin updating their pricing frameworks” in 2021. It’s already made some pricing adjustments, after it raised the conforming loan limits to just shy of $1 million, by upping fees for some high balance and second home loans.
Read More »
FHFA News Releases GSE 2021 Mission Report
Mortgage Bankers Association | June 6, 2022
The Federal Housing Finance Agency released its annual Mission Report that describes Fannie Mae, Freddie Mac and Federal Home Loan Bank activities to increase access to financing for economic development and affordable, equitable and sustainable housing.
Read More »
Read FHFA's 2021 Mission Report »
TLTA Editor's Note: In case you missed it, the GSEs (who are regulated by FHFA) have been increasingly focused on housing affordablity, and closing costs continue to be at the center of that affordability discussion.
Fannie Mae Issues Selling Guide Update Regarding Use of Attorney Title Opinion Letters. Tracks Changes Freddie Mac Made in 2020.
Review Fannie's Selling Guide Announcement »
Fannie Mae's Report: Barriers to Entry – Closing Costs for First-Time and Low-Income Homebuyers (from December 2021)
Read More »
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