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Equifax Reports Credit Score SNAFU

June 3, 2022
Dennis Hollier
Coding errors may require new underwriting for loans that relied on data originating with the massive credit score reporting firm.
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AMI Increases Going Into Effect Next Week

June 3, 2022
Dennis Hollier
Higher AMIs in most counties mean more borrowers are eligible for the GSEs’ affordable housing programs.
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Another Freddie Executive Headed for the Exit

June 3, 2022
Dennis Hollier
In an SEC filing, the mortgage giant announced that it has entered into a “mutual non-disparagement agreement” with Donna Corley, departing head of single-family.
Read More

Promotions for Two Freddie Multifamily Executives

June 3, 2022
Dennis Hollier
Freddie taps multifamily veterans Corey Aber and Erlita Shively for new vice president positions.
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Freddie Automates Key Underwriting Criteria

June 3, 2022
Dennis Hollier
Freddie’s asset and income modeler, which became available nationwide this week, will short-circuit the 10-day verification of employment process for borrowers who opt in.
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FHFA Corrects Rule Affecting FHLB Affordable Housing Programs

June 3, 2022
Dennis Hollier
Regulator corrects “inadvertent omissions” in the text of the Community Support Requirements regulation.
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Fannie Updates Construction Loan Guidelines

June 3, 2022
Dennis Hollier
The GSE eases rules on construction loans.
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FHLBs Report 15.4% Bump in Profits on Growing Advances

May 20, 2022
Dennis Hollier
Nine of the 11 Federal Home Loan Banks saw their profits jump in the first quarter. Only the FHLBanks of Dallas and Cincinnati experienced declining net income. (Includes three data charts.)
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GSEs Playing a Big Role in Biden’s Housing Supply Plan

May 20, 2022
Dennis Hollier
The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.
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Mark Calabria Predicts Future Fannie Insolvency

May 20, 2022
Dennis Hollier
According to the former FHFA chief, given the state of the mortgage and equity markets, Fannie Mae won’t survive another round of home price depreciation.
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