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Inside The GSEs
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FHFA’s Embattled IG to Retire

July 9, 2021
Dennis Hollier
Laura Wertheimer to depart in the wake of claims she fostered “a culture of witness intimidation.”
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Three FHFA Veterans Promoted

July 9, 2021
Dennis Hollier
FHFA Acting Director Sandra Thompson begins building her leadership team.
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GSEs Take Different Paths to the 7% Cap on I/SH Loans

June 25, 2021
Dennis Hollier
With Fannie already over the PSPA cap on non-owner-occupied loan volume, lenders may have to dramatically reduce their delivery of second-home and investor-property mortgages.
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FHFA Director Can Be Fired, but No Relief for Collins Plaintiffs

June 25, 2021
Dennis Hollier
Supreme Court rules president can remove FHFA director at will but shareholders still can’t get restitution.
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Impact of the Supreme Court’s Collins Decision

June 25, 2021
Dennis Hollier
Although most housing advocates applauded the Supreme Court’s Collins decision, shareholders argue the justices ignored key points. Nevertheless, legal experts say there’s little chance the plaintiffs will prevail when the case returns to circuit court.
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Calabria’s Valedictory Remarks to the FSOC

June 25, 2021
Dennis Hollier
FHFA’s now erstwhile director warned FSOC of the risks of the growing share of GSE debentures in the holdings of government money market funds.
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Freddie Adds a New Director with ‘Fed’ experience

June 25, 2021
Dennis Hollier
Former FRBNY executive Alberto Musalem will bring sharp economic credentials to the GSE’s board and risk committee.
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Fannie Tweaks Servicing Rules to Simplify Processes

June 25, 2021
Dennis Hollier
Fannie Mae alerts servicers to upcoming changes regarding how it will process payments and reimbursements.
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FICC’s New Margining Rules for Agency MBS

June 25, 2021
Dennis Hollier
The SEC approved new measures that will require higher margining for TBA trades during times of extreme volatility.
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Former Treasury Housing-Finance Czar Says GSEs Fully Reformed

June 11, 2021
Dennis Hollier
Craig Phillips, senior counselor to Treasury Secretary Steven Mnuchin, recounts the Trump administration’s difficulties in ending the net worth sweep and the conservatorships.
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