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Freddie Mac Documents Race-Based Appraisal Bias

October 1, 2021
Dennis Hollier
Looking at more than 12 million home appraisals, researchers found that sellers in minority census tracts were more than twice as likely to receive an appraisal below the sale price than sellers in white districts.
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Biden Administration Includes FHFA in Affordable Housing Plan

September 3, 2021
Dennis Hollier
The agency will allow the GSEs to boost LIHTC investment by $350 million each and expand the sale of REO properties to owner-occupants and nonprofits.
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Understanding the Affordable Housing Goals for the GSEs

September 3, 2021
Dennis Hollier
New area-based subgoals for minority and low-income census tracts are aimed at reducing the likelihood that GSE loan purchases inadvertently promote gentrification.
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GSE Cash-Window Caps Prompt Move to MBS

August 20, 2021
Dennis Hollier
Freddie Mac and MCT team up to help small- and mid-sized lenders make the switch from cash seller to guarantor. The transition impacts everything from pricing to operations.
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Pushback on GSE PSPA Amendments Intensifies

August 20, 2021
Dennis Hollier
Trade groups give Treasury and FHFA officials an earful on the damage caused by changes to the preferred stock purchase agreements.
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Trade Groups Oppose Using G-Fees to Fund Infrastructure Bill

August 6, 2021
Dennis Hollier
Despite early criticism of Senate plans to use the 10-basis-point g-fee to help pay for a bipartisan infrastructure bill, industry groups have been more muted since the text of the bill became public.
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Freddie Adds New Option to Renovation Financing Offerings

August 6, 2021
Dennis Hollier
The new CHOICEReno eXPress loan allows homebuyers to incorporate the cost of minor repairs and renovations into their mortgage.
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Bipartisan Infrastructure Group Has Its Eyes Set on G-Fee

July 23, 2021
Dennis Hollier
Big-league housing groups, including the Mortgage Bankers Association and the National Association of Realtors, warned senators not to use the g-fee as “the nation’s piggybank.”
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The Adverse Market Fee Windfall for the GSEs

July 23, 2021
Dennis Hollier
Fannie and Freddie are likely to have raked in more than $5 billion combined in adverse market fees on refinances before FHFA Acting Director Sandra Thompson decided to shut the program.
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Dallas Fed President Pushes Tapering; FOMC Doesn’t Budge

July 9, 2021
Dennis Hollier
The Fed plans to maintain quantitative easing, arguing that current inflationary trends are transitory.
Read More
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