The former FHFA director says Congress will never act, but that the GSEs should create subsidiaries, then complete an initial public offering to get out of government control.

Small depositories warn changes at the FHLBs could increase members’ costs and reduce access to FHLB funding. Worse, these changes could take place without formal rulemaking.

Conservatives argue that the government subsidy of the FHLBanks doesn’t support housing and mostly benefits large banks rather than homeowners.

Thousands of stakeholders responded to FHFA’s RFI on the prospect of the GSEs establishing tenant protections for the multifamily properties they back. Most respondents were tenants.

The limits on Fannie’s and Freddie’s annual investment in low-income housing tax credit programs has jumped from $850 million to $1 billion each.

Freddie executed its first five-year K-deals since 2016 and its first single-asset single-borrower securities in two years.

Alberto Musalem, a director on the Freddie Mac board, will soon have a seat at the table of the Federal Open Market Committee.

Measured by profits per employee, Fannie Mae and Freddie Mac are among the most successful companies on the planet.

A mortgage application in which both members are male is 8.9% less likely to be approved than if the co-applicants were of different sexes, according to new research.

The imposition of a fair-access requirement in the guidance could turn out to be a controversial issue. The Department of Financial Services has not determined an implementation deadline, though.