During a recent congressional hearing, FHFA Director Sandra Thompson said the agency will conduct a 90-year lookback as well as a forward-looking analysis of the FHLBank system.
At the first of three planned listening sessions, FHFA heard that for-profit investors increasingly use litigation to pressure nonprofit affordable housing developers to sell LIHTC-funded properties at minimal prices.
The Fannie/Freddie regulator indicated it will review the impact of the ERCF on the UMBS market, but for now won’t delay implementation of the new fee.
Loan Product Advisor, Freddie’s automated underwriting system, will soon be able to identify rent payments from the bank accounts of homebuyers who opt-in to the program.