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Greystone Taps Former Freddie Exec for Managing Partner

September 29, 2023
Dennis Hollier
Debby Jenkins, former head of multifamily at Freddie Mac, will now run affordable housing activities for Greystone.
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FHFA Willing to Be Flexible with Credit Score Change

September 15, 2023
Brandon Ivey
FHFA is showing that it’s willing to listen to industry feedback as the regulator works to transition the GSEs to new credit scoring processes. This week the agency delayed one aspect of the transition and noted plans to conduct listening sessions.
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Freddie CEO DeVito to Retire in First Quarter

September 15, 2023
Brandon Ivey
Freddie is searching for a new CEO as the GSEs mark 15 years in conservatorship. The CEOs of the GSEs also remain subject to limitations on compensation.
Read More

Fannie Intervenes in AmeriFirst Bankruptcy

September 15, 2023
Dennis Hollier
Fannie tells court AmeriFirst has no property interest in its mortgage servicing rights.
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GSEs Delay Fee Disclosure Requirements on UCD

September 15, 2023
Dennis Hollier
High failure rates for lenders trying to implement new edits to certain fee disclosure requirements in Phase 3B of the Uniform Closing Database persuaded Fannie and Freddie to postpone those changes.
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GSEs Update Policies on Originations, Servicing

September 15, 2023
Brandon Ivey
Fannie and Freddie adjusted various origination policies. Fannie also has changes for master servicers in the works.
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FHFA Forms Advisory Committee on Affordable Housing

September 15, 2023
Brandon Ivey
FHFA is accepting applications for membership on the committee, which will include about 20 people and meet twice a year.
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Freddie Still Buying Back Old STACRs

September 15, 2023
Dennis Hollier
Despite offering higher premiums, Freddie is finding it difficult to convince investors to give up their credit-risk transfer notes.
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Fannie Selling More RPLs, PIMCO A Buyer

September 15, 2023
Brandon Ivey
Bids on a $2.65 billion pool of reperforming loans are due Oct. 5. Meanwhile, PIMCO was the winning bidder on Fannie’s first RPL sale of the year.
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Stakeholders Recommend Changes to AVM Proposal

September 1, 2023
Dennis Hollier
The mortgage industry generally supports the limited scope of the rule. But consumer advocates believe FIRREA calls for a broader scope, including AVMs used by licensed appraisers.
Read More
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