The Federal Housing Finance Agency sets new standards for assessing Fannie Mae’s and Freddie Mac’s performance and releases a report assessing its own performance.
Market forces and regulatory issues outside the control of Fannie and Freddie may make it difficult for them to achieve the proposed affordable housing benchmarks.
LIHTC and GSE programs both use the same flawed system for determining whether a project is “affordable,” revealed David Brickman, former CEO of Freddie Mac.
In her first long-form interview since taking over as FHFA acting director, Sandra Thompson insisted that expanding the GSEs’ books of business won’t make them riskier.
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