Conservatives argue that the government subsidy of the FHLBanks doesn’t support housing and mostly benefits large banks rather than homeowners.

Thousands of stakeholders responded to FHFA’s RFI on the prospect of the GSEs establishing tenant protections for the multifamily properties they back. Most respondents were tenants.

The limits on Fannie’s and Freddie’s annual investment in low-income housing tax credit programs has jumped from $850 million to $1 billion each.

Freddie executed its first five-year K-deals since 2016 and its first single-asset single-borrower securities in two years.

Alberto Musalem, a director on the Freddie Mac board, will soon have a seat at the table of the Federal Open Market Committee.

Measured by profits per employee, Fannie Mae and Freddie Mac are among the most successful companies on the planet.

A new option in Desktop Underwriter allows lenders to pre-qualify borrowers with a single soft pull credit file. However, a hard pull tri-merge credit report will still be required with the actual loan application.

Under the terms recommended in FHFA’s review of the Federal Home Loan Banks, 85 current members would fail to meet the 10% mortgage-related asset rule.

Several of the new rules FHFA is expected to propose will affect the Federal Home Loan Banks.

Andrew Davidson & Co. executive Richard Cooperstein says the regulatory capital requirements for the GSEs should be set at 1.5 times risk capital, about 1.13%.