Fannie Mae and Freddie Mac met all the FHFA benchmarks last year, but even if they’re lucky enough to do just as well this year, they would still fall short on several multifamily goals.
The interagency task force on property appraisal and valuation equity has identified many steps Fannie Mae, Freddie Mac and the FHFA can take to reduce racial bias in the appraisal process.
In a wide-ranging conversation, FHFA Acting Director Sandra Thompson described how innovation and new technology can bring more equity to the homebuying process.
The nomination of Sandra Thompson to head the Federal Housing Finance Agency moved forward this week when the Senate Banking Committee voted 13-11 in her favor.
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.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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