Fannie Mae and Freddie Mac may be encroaching on lenders' turf, but the final policy statement was milder than expected.

The MBA said lenders should have access to the criteria used in the government-sponsored enterprises' underwriting technology and to data on loan performance. The trade group's statement also warned against Fannie's and Freddie's use of technology to bypass lenders and to contact consumers, brokers, or others directly.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.