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Inside The GSEs
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Will G-Fees Pay for Trump’s Payroll Tax Cut?

August 22, 2019
Dennis Hollier
Despite the president’s quick reversal of course on his proposal to cut payroll taxes, the housing industry remains worried g-fee may be tapped somehow.
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GSEs Managing Volumes to Stay Under Their Multifamily Caps

July 26, 2019
Dennis Hollier
Falling interest rates and rising NOIs drive a surge in Fannie's and Freddie’s multifamily business. One problem: how to stay under the cap.
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Waiting on the Fifth Circuit in the Net Worth Sweep Case

July 26, 2019
Dennis Hollier
Last summer’s blockbuster ruling from the Court of Appeals was a mixed bag for both plaintiffs and defendants. The long-expected appeal of that decision promises more of the same.
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Former Freddie CEO Says GSEs Should Be Public Utilities

July 26, 2019
Dennis Hollier
Despite heavy lobbying by large banks for the multi-guarantor model of GSE reform, Don Layton joins the growing crowd of pundits who advocate for managing Fannie and Freddie as public utilities.
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CFPB Will Allow GSE Patch to Expire

July 26, 2019
Dennis Hollier
The bureau’s proposed rulemaking could apply to nearly a third of the mortgage loans purchased by the GSEs. Industry observers wait to see if it impacts access to credit for low- and mid-income borrowers.
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Is an End to the Net Worth Sweep Imminent?

July 26, 2019
Dennis Hollier
Industry observers worry that FHFA’s failure to complete its final capital rule, and Treasury’s delay releasing its plan for housing-finance reform, may push the end of the sweep into next year.
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Ryan’s Departure Creates a Vacuum at FHFA

July 12, 2019
Dennis Hollier
As a key Obama-era policy maker at FHFA departs, some industry insiders worry the new administration will upset years of reform.
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GSEs and FHFA Scramble to Replace Lapsing ARM Indices

July 12, 2019
Dennis Hollier
Even as FHFA replaces its current ARM index with one created by Freddie Mac, Freddie and Fannie endorse a new SOFR index touted by the Fed as a replacement for LIBOR.
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FHFA Reverses Course on the For-Cause Provision

July 12, 2019
Dennis Hollier
Director Mark Calabria’s decision to reverse former acting Director Joseph Otting’s reversal of a Mel Watt-era decision to defend the constitutionality of the FHFA structure catches GSE observers by surprise.
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GSE Stock Sale Could Hit the Market by Early 2020

May 31, 2019
Paul Muolo
It’s only a matter of time before the Treasury Department unveils its GSE re-form blueprint to White House insiders. But which advisory firm will assist Treasury in selling a new class of Fannie/Freddie stock to the public?
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