Overall FHLBank borrowing was down 4.8% from the third quarter, but most of that decline was concentrated among the largest members. Year over year, though, outstanding advances fell 16.8%. (Includes two data tables.)
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Although little is known about Pulte’s policy positions, his housing and philanthropic background have helped him win the support of most industry trade groups and many consumer advocacy organizations.
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A 2021 SCOTUS decision made FHFA just another agency of the executive branch. That means Trump can meddle with any GSE policies and programs he chooses.
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Senate Banking Committee members seek clarity over HUD Secretary Scott Turner’s statement that he would lead the process of ending the conservatorships of Fannie Mae and Freddie Mac.
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Updates will automate parts of the voluntary partial-cancellation process that are currently manual. This tool will be available through Freddie’s Gateway portal.
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The enterprise mistakenly sent the personal information of a handful of borrowers to one of its third-party providers. Normally, these files are anonymized.
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Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.
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