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Credit Score Reform: Tweaking the Timeline

August 18, 2023
Dennis Hollier
Congress and the mortgage industry seem on opposite sides when it comes to the timetable for credit score reform. That leaves FHFA in the middle.
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FHFA Issues Clarification of Advisory Bulletin

August 18, 2023
Dennis Hollier
A new advisory bulletin provides the answers to a series of abstruse accounting questions as a way of clarifying an earlier bulletin.
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Trade Groups Oppose GSE Tenant Protections

August 18, 2023
Dennis Hollier
FHFA’s RFI on tenant protections attracted 3,522 comments, the vast majority from tenants voicing support. Industry groups argued that the economics of rent control just don’t work.
Read More

Fannie’s Capital Markets Team Gets Busy

August 18, 2023
Dennis Hollier
With a nonperforming loan sale, a reperforming loan sale and a social bond transaction, Fannie livened up an otherwise slow year.
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GSEs Ace 2023 Stress Tests

August 18, 2023
Dennis Hollier
According to their 2023 Dodd-Frank stress tests, Fannie and Freddie would remain profitable even in the worst financial depression of the modern era.
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MCT Taps Former Fannie Exec as Technology Head

August 18, 2023
Dennis Hollier
Steve Pawlowski, a key player in Fannie Mae’s technology development, has moved to Mortgage Capital Trading.
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HELOCs Boosted by Debt Consolidation, Renovations

August 18, 2023
James Dohnert
A record number of homeowners are turning to HELOCs to perform renovations on their properties or paydown credit card debt.
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Black Lives Matter and Racial Lending Disparities

August 18, 2023
Dennis Hollier
Community awareness of and reckoning with systemic racism following the BLM protests in 2020 appears to have led lenders to reduce the interest rate gap between Black and white borrowers.
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Lenders Turn to Technology to Cut Costs and Streamline Operations

August 18, 2023
James Dohnert
Lenders are entering cost-cutting mode and looking to leverage new technologies to lower overhead while streamlining operations.
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Lack of Supply Hindering Homeownership in California

August 18, 2023
Monica Hogan
Reform efforts in the state have focused on increasing the inventory of residentially-zoned land while leaving unaddressed underlying cost drivers constraining feasibility, according to researchers.
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