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Industry Cheers Revisions to Suspended Counterparty Rule

December 13, 2024
Dennis Hollier
Although FHFA’s re-proposed rule takes into account many industry comments, stakeholders are seeking more clarification.
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Freddie Updates Various Requirements for Sellers

December 13, 2024
Dennis Hollier
A new bulletin includes details on Freddie’s fee-only repurchase alternative, cybersecurity requirements and other issues.
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Fannie Mae Extends Very Low-Income Purchase Credit

December 13, 2024
Dennis Hollier
The $2,500 credit will remain available to borrowers who aren’t first-time homebuyers through February 2025.
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Sam Valverde Lands at Freddie Mac

December 13, 2024
Dennis Hollier
Ginnie Mae’s former acting president will help develop and implement mission-related activities at Freddie.
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FSOC Renews Call for FHFA Oversight of Third Parties

December 13, 2024
Dennis Hollier
The council highlighted fintechs and nonbank mortgage servicers as potential threats to financial stability during times of stress.
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Advocacy Group Criticizes GSEs’ Equitable Housing Finance Plans

December 13, 2024
Dennis Hollier
The National Community Reinvestment Coalition urged the GSEs to provide more analysis and demographic data.
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FHLBank Leadership Playing Musical Chairs

December 13, 2024
Dennis Hollier
Retiring FHLBank New York CEO Jose Gonzalez is set to be replaced by current Office of Finance CEO Randy Snook.
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Fannie, Freddie Loan Limits Increase by 5.2% for 2025

November 27, 2024
Dennis Hollier
In some high-cost areas, Fannie Mae and Freddie Mac will be eligible to purchase mortgage loans as high as $1,209,750 for one-unit properties in 2025.
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Industry Protests GSEs’ New Insurance Verification Process

November 27, 2024
Dennis Hollier
Industry trade groups want FHFA to rescind recently issued GSE guidelines and related surveys, and instead use the request-for-input process to make policy changes.
Read More

Bipartisan Congressional Group Protests Title Waivers

November 27, 2024
Dennis Hollier
The Congressional Real Estate Caucus, supported by most of the mortgage industry trade groups, urged FHFA to suspend its title waiver pilot.
Read More
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