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Inside The GSEs
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Trouble Ahead for Move to Bi-Merge Credit Score Process

October 27, 2023
Dennis Hollier
If FHFA follows through on the shift from the tri-merge to a bi-merge system, two million borrowers currently eligible for a GSE mortgage would no longer qualify, according to a report from TransUnion.
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FHFA Responds to FOIA Request on Employee Settlements

October 27, 2023
Dennis Hollier
Documents show FHFA entered into 36 settlement agreements between January 2019 and September 2021 to resolve employee disputes.
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Freddie Multifamily Updates Due Diligence Requirements

October 27, 2023
Dennis Hollier
Freddie takes steps to ensure its older multifamily housing stock is in adequate repair. This is particularly crucial for properties in affordable housing programs.
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FHFA Fails to Document Reviews of Desktop Appraisal Reports

October 27, 2023
Dennis Hollier
An audit by FHFA’s Office of Inspector General found that the agency’s Office of Housing and Regulatory Policy hasn’t conducted adequate oversight of the new reports.
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Capital Markets Update for the GSEs

October 27, 2023
Dennis Hollier
Fannie celebrates 10-year anniversary of CRT program; results of the GSE’s fifth tender offer.
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GSE MBS Volume Steady, Smaller Lenders Boost Share

October 13, 2023
Dennis Hollier
Declining volumes at large sellers in the third quarter shifted market share to small shops. United Wholesale Mortgage remained the top GSE loan seller during the quarter. (Includes two data charts.)
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GSEs Update Rental Income Requirements

October 13, 2023
Dennis Hollier
Both Fannie Mae and Freddie Mac have eased the rules that limit the use of rental income to qualify for a mortgage.
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GSEs’ NPL Sales Plummet in 2022

October 13, 2023
Dennis Hollier
Market dynamics tied to the pandemic cut nonperforming loan sales at the GSEs by more than 66%. Fannie Mae accounted for almost all of the sales.
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Fannie Supports More Investment in Small Rentals

October 13, 2023
Dennis Hollier
Fannie’s decision to lower the downpayment requirement for loans on two- to four-unit multifamily properties should boost investment in this key source of affordable housing.
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Fannie Targets Workforce Housing

October 13, 2023
Dennis Hollier
A new Fannie loan product offers lower pricing and more flexibility to conventional multifamily borrowers who voluntarily set aside units as workforce housing.
Read More
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