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Bair to Replace Plutzik as Fannie Board Chair

November 6, 2020
Dennis Hollier
Sheila Bair, when she served as FDIC chair, played a major role in strengthening capital standards through the Basel Accords.
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Fannie Says Some Loans Were Mistakenly Purchased Out of MBS

November 6, 2020
Dennis Hollier
Fannie released a table listing 1,221 pools that were impacted by a servicer reporting error.
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Freddie Keeps Its Foot on the CRT Gas Pedal

November 6, 2020
Dennis Hollier
Freddie issued $6.4 billion of CRT in 3Q on $167.3 billion of single-family mortgages.
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Calabria Seeks to Limit Activities of the GSEs

October 23, 2020
Dennis Hollier
The FHFA director has proposed a new rule that would ensure stakeholders have a say when the GSEs consider new products or activities.
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GSEs Say COVID Policies Should Be Permanent

October 23, 2020
Dennis Hollier
One of the few good things to come out of the COVID crisis is that the GSEs can push forward alternative ways of doing business.
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SCOTUS Receives Last Major Brief in Collins Case

October 23, 2020
Dennis Hollier

Aaron Nielson said the high court’s recent decision in Seila v. CFPB actually supports his contention that FHFA’s structure is legitimate.


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Committee Chair Urges ‘Automatic’ Forbearance

October 23, 2020
Dennis Hollier
More than 31,000 seriously delinquent borrowers have yet to take advantage of forbearance, according to James Clyburn, chairman of the House Select Subcommittee on the Coronavirus Crisis.
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A Shift from Short- to Long-Term Debt

October 23, 2020
Dennis Hollier
Fannie issued $167.49 billion in short-term debt through Aug. 31, compared to $550.47 billion for all of 2019. Meanwhile, its long-term debt issuance expanded to $165.72 billion from $21.55 billion.
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Forbearance Rates Decline. What About Delinquencies?

October 23, 2020
Dennis Hollier
A majority of forbearance loans were not delinquent and a small number of loans were delinquent but not in relief, that means…
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James Johnson, Former Fannie CEO, Dies at 76

October 23, 2020
Dennis Hollier
Many mortgage industry veterans credit Johnson for Fannie’s emergence in the 1990s as one of Washington’s most powerful lobbying titans.
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