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Critics Call for the Privatization of the FHLBanks

January 12, 2024
Dennis Hollier
Conservatives argue that the government subsidy of the FHLBanks doesn’t support housing and mostly benefits large banks rather than homeowners.
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FHFA Reviews Comments on Tenant Protections

January 12, 2024
Dennis Hollier
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.
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FHFA Hikes LIHTC Caps for Fannie and Freddie

January 12, 2024
Dennis Hollier
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.
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Freddie’s Multifamily Team Active in 2023

January 12, 2024
Dennis Hollier
Freddie executed its first five-year K-deals since 2016 and its first single-asset single-borrower securities in two years.
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Freddie Director Heads for Greener Pastures

January 12, 2024
Dennis Hollier
Alberto Musalem, a director on the Freddie Mac board, will soon have a seat at the table of the Federal Open Market Committee.
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GSEs: World-Class Cash Cows

January 12, 2024
Dennis Hollier
Measured by profits per employee, Fannie Mae and Freddie Mac are among the most successful companies on the planet.
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Challenges for Same-Sex Homebuyers

January 12, 2024
Dennis Hollier
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.
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NYDFS Issues Guidance on Climate Change Risk Strategies

January 12, 2024
Monica Hogan
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.
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HUD OIG Wants Ginnie to Improve Default Guidance

January 11, 2024
Monica Hogan
Changes to the Ginnie Mae program were included among 35 priority recommendations for fiscal 2024 from the Department of Housing and Urban Development’s Office of Inspector General.
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Fed Hints at Slowing Balance Sheet Reduction

January 11, 2024
Dennis Hollier
The rapid runoff at the Federal Reserve’s overnight repo operations could mean quantitative tightening will end sooner than expected.
Read More
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