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It's Official: Ginnie Loosens Capital Standards for Credit Unions

August 15, 2022
Monica Hogan
Meanwhile, a senior Ginnie official said the agency will have more to say about capital requirements for nonbanks in the very near future...
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Ginnie Default Rate Rises to 4.17% in 2Q22

August 15, 2022
Namrata Bhatia
At midyear, 806,884 mortgages backing MBS issued by the GSEs and Ginnie were delinquent...
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A New Twist on Mortgage Fraud? Apparently So...

August 15, 2022
Dennis Hollier
The first hint of this false identity scheme came through a tip to the SFFR team...
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FHFA Requiring Servicers to Retain Fair Lending Data

August 12, 2022
Dennis Hollier
Beginning in March 2023, GSE servicers will have to retain fair lending data. FHFA set the requirement, citing lessons learned during the pandemic.
Read More

Former Fannie Chair Pushes for End of Conservatorship

August 12, 2022
Dennis Hollier
Sheila Bair, who resigned as Fannie board chair earlier this year, said the GSEs are ready to exit conservatorship.
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Strong Stress Test Results for Fannie and Freddie

August 12, 2022
Dennis Hollier
The GSEs earned a combined $20.5 billion in theoretical net income under the severely adverse economic scenario of the 2022 stress tests. But those returns would vanish if they had to reserve for deferred tax assets.
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Limited Interest in Freddie’s STACR Tender Offer

August 12, 2022
Dennis Hollier
The latest Freddie tender offer attracted less interest, with investors cashing in fewer certificates than for previous offers.
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Fannie Picks Cissy Yang as New Chief Audit Executive

August 12, 2022
Dennis Hollier
The former Credit Suisse executive will replace J. Douglass Watt, who is retiring in November.
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Freddie Warns of New Mortgage Fraud Scheme

August 12, 2022
Dennis Hollier
Mortgage fraud has gone beyond borrowers simply falsifying income and employment information.
Read More

FHFA Firms Up Leadership Teams at Key Divisions

August 12, 2022
Dennis Hollier
The regulator of the GSEs rejiggers its leadership team, firming up supervision of its Divisions of Housing Mission and Goals and Bank Regulation.
Read More
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