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Industry Endorses Biden’s Nominee to Head FHFA

December 23, 2021
Dennis Hollier
Mike Calhoun, CEO of the Center for Responsible Lending, was once thought to be Biden’s choice to run FHFA. Last week, he added his voice to the chorus of endorsements for Sandra Thompson’s nomination.
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Some Tweaks as FHFA Sets Housing Goals for GSEs

December 23, 2021
Dennis Hollier
The new goals don’t deviate dramatically from what the agency proposed in August, but the mulitfamily goals will only apply to 2022 instead of the usual three-year time span.
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December Updates for GSE Seller/Servicers

December 23, 2021
Dennis Hollier
GSEs issue lender letters/bulletins tweaking their guidelines for lenders and servicers.
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FHFA Once Again Calls Attention to Appraisal Bias

December 23, 2021
Dennis Hollier
Appraisers frequently use free-form text fields in their valuation reports to describe neighborhoods in ways that appear to violate fair lending regulations.
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OIG: FHFA Not Producing Enough Commissioned Examiners

December 23, 2021
Dennis Hollier
Only 16 examiners have completed the agency’s examiner commissioning program since it was founded in 2013.
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FHFA Deep Dives Into GSE Fair Housing Expectations

December 23, 2021
Dennis Hollier
The agency believes enforcing fair housing laws is central to its role as regulator of Fannie Mae and Freddie Mac.
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FHFA Wants the GSEs to Submit Annual Capital Plans

December 23, 2021
Dennis Hollier
Under a proposed rule, Fannie and Freddie will have to describe their sources of capital over a five-year planning horizon.
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Redwood Joins Critics of New Loan Limits

December 23, 2021
Dennis Hollier
In 2022, the GSEs will be able to purchase loans nearing $1 million, cutting into what has typically been the non-agency jumbo market.
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Fannie Releases First SASB Report on ESG Activities

December 23, 2021
Dennis Hollier
SASB creates industry-specific standards that provide investors comparable data on companies’ ESG-related activities.
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Fannie Wins November MBS Skirmish, GSE Market Cools

December 10, 2021
John Bancroft
While Fannie and Freddie look to be reclaiming lost investor-property loan business, seller execution tactics haven’t changed much in recent months. Volume fell 14% from October. (Includes two data charts.)
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