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LLPAs on Second Homes Didn’t Work as Planned

April 25, 2025
Dennis Hollier
CFPB researchers determined that, although loans for second homes declined after FHFA imposed steep fees on those loan types, the expected increase in primary-residence loans never materialized.
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GSEs’ Risk Tied to Private MI Declining, OIG Finds

April 25, 2025
Dennis Hollier
Although high interest rates have cut into GSE acquisitions, depriving PMIs of new business, they have also prevented homeowners from selling, allowing insurers to hold on to the business they have.
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Senate Democrats Call for Investigation of Pulte

April 25, 2025
Dennis Hollier
Democrats on the Senate Banking Committee asked the FHFA OIG to determine whether the agency’s director has broken any laws during his tumultuous first few weeks in office.
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GSE Shareholders in Yet Another Appeal

April 25, 2025
Dennis Hollier
Next month, plaintiffs in Fisher v. United States, a takings case challenging the GSE net worth sweep, will take a second stab at an appeal.
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GSE Roundup

April 25, 2025
Dennis Hollier
GSE boardroom changes; Pulte’s plans; GSE capital market moves.
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Smaller Lenders See Risks and Rewards in GSE Reform

April 11, 2025
Dennis Hollier
Smaller shops may support an end to the GSE conservatorships, but only if it’s done in a way that preserves pricing parity, avoids additional charters and maintains the cash window.
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HomeReady, Home Possible Look Set to Continue

April 11, 2025
Dennis Hollier
FHFA’s ban on the GSEs’ use of special purpose credit programs doesn’t appear to apply to HomeReady or Home Possible, neither of which has a racial or ethnic requirement.
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Fannie Fires 100+ Employees for Unethical Conduct

April 11, 2025
Dennis Hollier
FHFA Director Pulte said fired Fannie employees were abusing their remote work status and, in some instances, fraudulently misusing the company’s matching gift program.
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Insurer Borrowing on the Rise at Federal Home Loan Banks

April 11, 2025
Dennis Hollier
Apollo Global Management, owner of Athene Annuity and Life, joins MetLife as one of the top-10 FHLBank borrowers.
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Fannie Faces Accusations of Foreclosure Fraud

April 11, 2025
Dennis Hollier
Plaintiffs in a New York class-action say Fannie and four other defendants systematically overcalculate the interest charged to borrowers during foreclosure proceedings.
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