A partnership with fintech Esusu Finance will allow landlords to automatically forward positive rental payment history to the major credit reporting bureaus.
Market forces and regulatory issues outside the control of Fannie and Freddie may make it difficult for them to achieve the proposed affordable housing benchmarks.
Successive OIG reports have found chronic deficiencies in FHFA’s internal controls and in its supervision of the GSEs. The latest report is more of the same.
LIHTC and GSE programs both use the same flawed system for determining whether a project is “affordable,” revealed David Brickman, former CEO of Freddie Mac.