News bites: Fannie, meet Freddie

Japanese regulators will require “several steps” be taken before approving Boeing’s propose batter fix for its grounded 787 Dreamliners, according to Reuters.

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The Obama administration favors rules allowing consumers to unlock their smartphones after their contracts are up, The Hill’s Hillicon Valley blog reports.

Highlights from yesterday’s RegWatch:

A housing policy coalition warned regulators against stringent new down payment requirements for borrowers.

The Federal Railroad Administration announced plans to begin testing train conductors for non-controlled substances following wrecks.

The Food and Drug Administration warned consumers about a crop of new “miracle drugs” for weight loss and sexual performance.

The Commerce Department rejected an Arab-American group’s petition for inclusion in programs meant to aid disadvantaged minority businesses.

Have a regulatory news tip? Send it along to bgoad@thehill.com or mwilson@thehill.com.