In an interesting announcement last week, HUD and FHFA issued a joint MOU  (memorandum of understanding) that enhances efforts to synchronize fair lending policy, enforcement and investigatory activities. This is a rare instance where HUD and the regulator of the GSEs have publicly agreed to attempt to synchronize efforts on such a major policy effort.

What makes this a statement that should matter to industry is that the MOU states: “HUD and FHFA may meet and share information concerning current and contemplated investigations, examinations, or compliance reviews.” The sharing of even contemplated investigations details ⇒

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