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OIG Adds GSE Multifamily Risk to Concerns for FHFA

October 18, 2024
Dennis Hollier
The list of challenges facing FHFA include the GSEs’ multifamily business, the Office of Inspector General said in a new report.
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Second Insurance Firm Settles With Freddie on D&O Claims

October 18, 2024
Dennis Hollier
AXIS Insurance became the second entity to settle in a Freddie lawsuit alleging that some D&O insurance providers refused to properly reimburse the GSE for legal expenses incurred during the 2008 crisis.
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Meridian Capital to Exit the GSE Doghouse, But Restrained

October 18, 2024
Dennis Hollier
Freddie will begin accepting Meridian-brokered multifamily loans Jan. 1. However, the company will be subject to stricter due diligence.
Read More

FHFA Posts Price Data for Manufactured Homes

October 18, 2024
Dennis Hollier
FHFA created a new home price index based on GSE mortgages for manufactured homes.
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GSE Capital Markets Teams Pick Up the Pace

October 18, 2024
Dennis Hollier
Both Fannie and Freddie continue to sell off NPLs and RPLs, in keeping with directives from FHFA to reduce the size of their portfolios.
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Rehashing the GSE Conservatorship Debate

October 18, 2024
Dennis Hollier
The GSEs should be liquidated through receivership, according to a new proposal from Norbert Michel, the director of the Cato Institute’s Center for Monetary and Financial Alternatives.
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FHLBanks Expand Mission-Related Activities

October 18, 2024
Dennis Hollier
Affordable housing funding by the Federal Home Loan Banks spiked in 2023, according to a new report from the FHFA.
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FHFA Re-Proposes Rule on Suspended Counterparty Program

October 4, 2024
Dennis Hollier
Industry players had raised concerns that the original proposal would have been too broad and included misconduct that didn’t affect safety and soundness.
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More Stakeholder Comment on FHLB Mission

October 4, 2024
Dennis Hollier
Newly published comment letters show that housing and community advocacy groups support FHFA’s plan to use member incentive programs to encourage more mission-oriented lending by the FHLBanks.
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Banks Raise Concerns About FHFA’s FHLBank Moves

October 4, 2024
Dennis Hollier
Trade groups representing banks are unhappy with some of the changes FHFA is making to Federal Home Loan Bank practices.
Read More
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