The Federal Housing Finance Agency (FHFA) is facing scrutiny as it reportedly plans to terminate employees focused on fair lending and consumer protection, according to multiple sources. This move comes amid rising concerns about the Federal Housing Administration (FHA), which has been criticized for its handling of mortgage loans, including a troubling increase in delinquencies and payment fraud. Recent reports indicate that the FHA has been offering zero-down mortgage loans, allowing borrowers to avoid payments for over five years, while also incentivizing servicers not to foreclose on these loans. In a related development, the new director of the FHFA stated that there will be no cuts to the loan limits for Fannie Mae and Freddie Mac, despite prior speculation. Additionally, the FHFA has been ordered to discontinue programs designed to assist first-time homebuyers with down payments and closing costs, further raising concerns about the future of housing affordability. The Federal Reserve has also identified significant fraud within Fannie Mae, Freddie Mac, and FHA loans, intensifying the scrutiny on these institutions.