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Another FHLBank Adopts VantageScore 4.0

July 12, 2024
Dennis Hollier
The FHLBank of Chicago followed the FHLBank of San Francisco in accepting mortgage collateral that uses the new credit score model.
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Fannie to Get a ‘New’ Head of Fair Lending

July 12, 2024
Dennis Hollier
Patrice Ficklin is leaving the CFPB to return to Fannie after a 15-year absence.
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Freddie Pilot Approval Tests New Product Rule

June 28, 2024
Dennis Hollier
FHFA Director Sandra Thompson said the first test of its recently instituted new products rule went well, despite the relatively short timelines. But critics of Freddie’s new pilot also asked the agency to find ways to stretch out the opportunity to comment.
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Revisiting the FHLBanks’ Affordable Housing Program

June 28, 2024
Dennis Hollier
FHFA issued an RFI on how to simplify and improve the efficiency of the competitive application process for the FHLBanks’ Affordable Housing Programs.
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GSEs Faulted for Inadequate Property Insurance Policies

June 28, 2024
Dennis Hollier
Researchers say strategic securitization by lenders exposes the GSEs to higher insurer counterparty risk, especially in regions with frequent climate-related disasters. The proposed cure: LLPAs and capital rules that compensate the GSEs for this risk.
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Freddie Mac Multifamily to Introduce New Products

June 28, 2024
Dennis Hollier
Beginning July 1, the capital markets team at Freddie Mac will start offering multifamily giant PCs, products that will allow investors to pool larger securities and better manage their portfolios.
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FHFA IG Touts ‘Maturity’ of the Agency

June 28, 2024
Dennis Hollier
Brian Tomney told the House Financial Services Committee that FHFA has largely embraced OIG recommendations and has evolved from its start-up stage.
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FHFA Names New Director of Communications

June 28, 2024
Dennis Hollier
Former Treasury official Antonio White takes over as FHFA’s head of media relations, public outreach and Congressional affairs.
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FHFA Announces Members of New Advisory Committee

June 28, 2024
Dennis Hollier
The new Federal Advisory Committee on Affordable, Equitable and Sustainable Housing includes a who’s who of housing finance experts, equitable housing advocates and industry representatives.
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Housing Advocates Recommend Changes to EHFPs

June 14, 2024
Dennis Hollier
Stakeholders say the GSEs’ proposed definition of “first-generation homebuyer” in their equitable housing-finance plans unfairly excludes many of the people the enterprises and the FHFA want to help.
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