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Inside The GSEs
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FHFA Appoints Nahrwold as Deputy Director of DER

November 15, 2024
Dennis Hollier
Victoria Nahrwold, a 25-year NCUA veteran, is now heading FHFA’s Division of Enterprise Regulation.
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Fannie Mae Appoints Stowell as Board Member

November 15, 2024
Dennis Hollier
Scott Stowell, who serves on the board of homebuilding giant Toll Brothers, is now a member of the Fannie Mae board.
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Freddie Expands Repurchase Alternative Pilot to All

November 1, 2024
Dennis Hollier
In a busy week at the Mortgage Bankers Association’s annual conference, Freddie Mac rolled out an expansion of its repurchase alternative pilot. Officials also defended the closed-end second-lien pilot.
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Lenders Anxious as Credit Score Changes Loom

November 1, 2024
Dennis Hollier
The far-reaching impacts of shifting from Classic FICO to a combination of FICO 10 T and VantageScore 4.0 have lenders worried about customer relations and fair lending problems.
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Lenders, Advocacy Groups Disagree on GSE Housing Goals

November 1, 2024
Dennis Hollier
Housing advocates say weaker goals don’t give the GSEs enough incentive to support underserved communities; lenders say they give needed leeway when markets are unpredictable.
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FHLB San Francisco Expands Access for CDFIs

November 1, 2024
Dennis Hollier
The FHLBank is extending the terms and reducing the haircut on collateral pledged by non-depository CDFIs and state-chartered HFAs (which technically aren’t even members).
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FHFA Eases Access to FHLB Affordable Housing Grants

November 1, 2024
Dennis Hollier
A new advisory bulletin streamlines the application process for an affordable housing subsidy and makes the rules more compatible with those of other affordable housing funders.
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GSEs Update Timeline for Uniform Appraisal Dataset

November 1, 2024
Dennis Hollier
Fannie Mae and Freddie Mac have put specific dates on some of the key steps in the shift from UAD 2.6 to UAD 3.6.
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Nonbanks Found to Lower Costs on GSE Mortgages

November 1, 2024
Dennis Hollier
Researchers find that the highest and lowest rates on GSE mortgages are charged by large banks and fintechs, respectively.
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Debate Persists Over Role of FHLBank in Housing Market

October 24, 2024
Dennis Hollier
Affordable housing and community development advocates say taxpayers aren’t getting enough for the government subsidy of the FHLBanks. The FHLBanks say critics misunderstand their federal support.
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