Industry Cheers Revisions to Suspended Counterparty Rule December 16, 2024 Dennis Hollier The re-proposal elicited just three comments, unlike the flood unleashed by the initial proposal.Read More
GSE Volumes Lag Ginnie Mae in November December 13, 2024 Dennis Hollier Ginnie MBS issuance outpaced the GSEs beginning in 2022, a trend that holds to this day. (Includes two data tables.)Read More
Debate Continues Over GSE Reform December 13, 2024 Dennis Hollier Some industry groups are calling for a legislative solution to ending the conservatorships; others say FHFA and Treasury can do it themselves.Read More
Industry Cheers Revisions to Suspended Counterparty Rule December 13, 2024 Dennis Hollier Although FHFA’s re-proposed rule takes into account many industry comments, stakeholders are seeking more clarification.Read More
Freddie Updates Various Requirements for Sellers December 13, 2024 Dennis Hollier A new bulletin includes details on Freddie’s fee-only repurchase alternative, cybersecurity requirements and other issues.Read More
Fannie Mae Extends Very Low-Income Purchase Credit December 13, 2024 Dennis Hollier The $2,500 credit will remain available to borrowers who aren’t first-time homebuyers through February 2025.Read More
Sam Valverde Lands at Freddie Mac December 13, 2024 Dennis Hollier Ginnie Mae’s former acting president will help develop and implement mission-related activities at Freddie.Read More
FSOC Renews Call for FHFA Oversight of Third Parties December 13, 2024 Dennis Hollier The council highlighted fintechs and nonbank mortgage servicers as potential threats to financial stability during times of stress.Read More
Advocacy Group Criticizes GSEs’ Equitable Housing Finance Plans December 13, 2024 Dennis Hollier The National Community Reinvestment Coalition urged the GSEs to provide more analysis and demographic data.Read More
FHLBank Leadership Playing Musical Chairs December 13, 2024 Dennis Hollier Retiring FHLBank New York CEO Jose Gonzalez is set to be replaced by current Office of Finance CEO Randy Snook.Read More