FHFA Requiring Servicers to Retain Fair Lending Data August 12, 2022 Dennis Hollier Beginning in March 2023, GSE servicers will have to retain fair lending data. FHFA set the requirement, citing lessons learned during the pandemic.Read More
Former Fannie Chair Pushes for End of Conservatorship August 12, 2022 Dennis Hollier Sheila Bair, who resigned as Fannie board chair earlier this year, said the GSEs are ready to exit conservatorship.Read More
Strong Stress Test Results for Fannie and Freddie August 12, 2022 Dennis Hollier The GSEs earned a combined $20.5 billion in theoretical net income under the severely adverse economic scenario of the 2022 stress tests. But those returns would vanish if they had to reserve for deferred tax assets.Read More
Limited Interest in Freddie’s STACR Tender Offer August 12, 2022 Dennis Hollier The latest Freddie tender offer attracted less interest, with investors cashing in fewer certificates than for previous offers.Read More
Fannie Picks Cissy Yang as New Chief Audit Executive August 12, 2022 Dennis Hollier The former Credit Suisse executive will replace J. Douglass Watt, who is retiring in November.Read More
Freddie Warns of New Mortgage Fraud Scheme August 12, 2022 Dennis Hollier Mortgage fraud has gone beyond borrowers simply falsifying income and employment information.Read More
FHFA Firms Up Leadership Teams at Key Divisions August 12, 2022 Dennis Hollier The regulator of the GSEs rejiggers its leadership team, firming up supervision of its Divisions of Housing Mission and Goals and Bank Regulation.Read More
Freddie Gets Fitch’s Seal of Approval (Again) August 12, 2022 Dennis Hollier Fitch Ratings affirmed its ratings of both master serving and special servicing for Freddie’s multifamily business.Read More
Freddie Revises Articles of Incorporation August 12, 2022 Dennis Hollier The enterprise’s board approved amendments to the bylaws governing shareholder notice and annual meetings.Read More
GSEs’ Earnings Reflect Change in the Housing Market July 29, 2022 Dennis Hollier The timing of credit-related benefits and losses affected the profits of Fannie and Freddie in the first half of 2022. (Includes data chart.)Read More