Responding to written questions from the Senate Banking Committee, Trump’s new Treasury secretary gave the mortgage industry limited insight into his views on GSE reform.
Although FHFA lowered the 2024 multifamily volume caps for Fannie Mae and Freddie Mac from $75 billion to $70 billion, enterprise financing in the sector didn’t reach that level.
Allowing the GSEs to purchase loans without requiring borrowers to purchase title insurance could save consumers as much as $96 million a year, according to a new analysis.
OIG finds that the FHFA IT team failed to document changes to its procedures for responding to binding operational directives from the Department of Homeland Security.
The former chief housing advisor to the Treasury secretary during the first Trump administration will now oversee Freddie’s regulatory and conservatorship affairs operations.