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Home » Topics » Inside The GSEs » Legislation

Legislation
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FHLBanks Urged to Spend More on Affordable Housing

August 9, 2024
Dennis Hollier
Senate Democrats note that FHLBank Boston CEO Timothy Barrett received $3.1 million in compensation last year while the bank contributed just $2 million to its affordable housing program.
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Skepticism Springs Eternal When It Comes to GSE Reform

August 9, 2024
Dennis Hollier
Housing finance aficionados may doubt Fannie and Freddie will ever exit conservatorship, but that doesn’t stop them from telling you what that exit would look like.
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Lenders, Housing Advocates Split on FHLBank Mission

July 26, 2024
Dennis Hollier
The Federal Home Loan Banks as well as credit unions argue the FHLBanks’ mission was established by Congress, so only Congress can change it. Consumer advocates, meanwhile, are happy with the Federal Housing Finance Agency’s effort to redefine the mission.
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Completing GSE Reform Easier Said Than Done

July 26, 2024
Dennis Hollier
SFA leader says ending GSE conservatorships would lead to unsustainable credit downgrades for Fannie and Freddie.
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FHFA Adds Five Proposed Rules to its Regulatory Agenda

July 12, 2024
Dennis Hollier
Two of the new proposed rules are directed at Fannie Mae and Freddie Mac. The other three relate to the Federal Home Loan Banks.
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FHFA Strengthens GSEs' Loss Reporting Requirements

July 12, 2024
Dennis Hollier
A new advisory bulletin from FHFA spells out how the enterprises must respond to a “high-severity operational loss event.”
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FHFA Executive Mollifies the Mortgage Industry

May 31, 2024
Dennis Hollier
Naa Awaa Tagoe, deputy director for housing mission and goals at FHFA, waded through some of the agency’s most recent controversies at the MBA’s secondary market conference.
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FSOC Calls for FHFA, Ginnie Supervision of Nonbanks

May 17, 2024
Dennis Hollier
The Financial Stability Oversight Council last week endorsed FHFA’s years-long request for prudential regulatory authority over nonbank mortgage servicers.
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States Challenge Automated Underwriting Systems

May 17, 2024
Dennis Hollier
FHFA and the Mortgage Bankers Association have asked legislators to exempt Fannie Mae and Freddie Mac from new laws governing the use of automated underwriting systems and other artificial intelligence tools.
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Stakeholders Respond to GAO’s FHLB Report

April 19, 2024
Dennis Hollier
The GAO’s fact-filled, even-handed review of the FHLBanks’ role in last spring’s regional banking crisis has been used to justify arguments by both critics and supporters of the banks.
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