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Inside The GSEs
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Freddie MF Exec Signals Stronger Focus on Property Maintenance

September 29, 2023
Dennis Hollier
Servicers will be expected to continuously evaluate properties for early warning signs of life safety hazards or deferred maintenance.
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FHFA Wants to Make Shared-Equity Deals Simpler

September 29, 2023
Dennis Hollier
A proposed new rule expanding the GSEs’ ability to purchase loans on properties with private transfer fee covenants should encourage more engagement in shared-equity programs.
Read More

Fannie Working to Facilitate ‘Latino Housing Journey’

September 29, 2023
Dennis Hollier
Fannie hopes Spanish-language credit education and targeted downpayment assistance will help it put the still-growing cohort of Latino consumers into their first home.
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GSEs Unload NPLs; New CIRT Issuance from Fannie

September 29, 2023
Dennis Hollier
It was a busy week for the capital markets teams at Fannie Mae and Freddie Mac. Between them, they cranked out a standard pool offering, a community impact pool offering and a CIRT transaction.
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FHFA to Rate GSEs’ Fair Lending Activities

September 29, 2023
Dennis Hollier
The regulator’s new rating system will be used to assess supervisory remediation measures and, at least while the GSEs remain in conservatorship, determine executive compensation.
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Greystone Taps Former Freddie Exec for Managing Partner

September 29, 2023
Dennis Hollier
Debby Jenkins, former head of multifamily at Freddie Mac, will now run affordable housing activities for Greystone.
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FHFA Willing to Be Flexible with Credit Score Change

September 15, 2023
Brandon Ivey
FHFA is showing that it’s willing to listen to industry feedback as the regulator works to transition the GSEs to new credit scoring processes. This week the agency delayed one aspect of the transition and noted plans to conduct listening sessions.
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Freddie CEO DeVito to Retire in First Quarter

September 15, 2023
Brandon Ivey
Freddie is searching for a new CEO as the GSEs mark 15 years in conservatorship. The CEOs of the GSEs also remain subject to limitations on compensation.
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Fannie Intervenes in AmeriFirst Bankruptcy

September 15, 2023
Dennis Hollier
Fannie tells court AmeriFirst has no property interest in its mortgage servicing rights.
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GSEs Delay Fee Disclosure Requirements on UCD

September 15, 2023
Dennis Hollier
High failure rates for lenders trying to implement new edits to certain fee disclosure requirements in Phase 3B of the Uniform Closing Database persuaded Fannie and Freddie to postpone those changes.
Read More
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