The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.
Sharifa Anderson has been appointed to the newly created position of senior vice president for diversity and inclusion at the government-sponsored enterprise.
Fannie economists demonstrate that mortgage expenses only account for about 30% of homeownership costs, with g-fees accounting for just a small fraction of that.
The regulator has amended the capital rule to improve the capital treatment of credit-risk transfers and reduce the size of the leverage buffer for the GSEs.
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