Jon Oksenholt’s plan would create a parent company that would own the GSEs and Common Securitization Services but allow them to keep their charters and operate independently.

Both executives and rank-and-file employees at Fannie Mae are more pessimistic about job security.

Terminating the use of SPCPs continues the Trump administration’s war on DEI.

Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to end support for special purpose credit programs earlier this year. But now other agencies are also ending authorization for the programs.

Fannie Mae has reportedly fired 10 senior executives, including senior vice presidents Mark Palim and Devang Doshi.

Pulte-led Federal Housing Finance Agency presides over further reductions in the senior staff at Fannie Mae, terminating as many as a dozen executives last week.

Industry groups — including the Community Associations Institute, the Community Home Lenders of America and the National Association of Realtors — made their displeasure about the change to condo loan applications known in a recent joint letter to Federal Housing Finance Agency Director Bill Pulte.

Many of those green loans will still be eligible for purchase by the GSEs. Social bonds appear unaffected.

The Trump administration continues to pressure homebuilders to address affordability by focusing more on first-time homebuyers.

The Senate confirmed Jay Clayton as director of national intelligence last week.