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Former Freddie CEO Sees Benefits in Ending GSE Conservatorship

March 25, 2025
Dennis Hollier
David Brickman, the CEO of Freddie Mac from 2019 to 2021, argued that 16 years of conservatorship have increased inefficiencies at the GSEs.
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FHA Rescinds Biden-Era Appraisal Bias Policies

March 20, 2025
Brandon Ivey
The policies established during the Biden administration aimed at addressing bias in appraisal practices.
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Short Takes: Trade Groups Support CDFI Fund / Bank Selling Retail Mortgage Unit / Newer Lender Completes Funding Round / Cardinal Offering Processing for Brokers

March 20, 2025
Brandon Ivey
“The CDFI Fund is a targeted, accountable and impactful program that enables private capital to do more for more Americans,” industry trade groups wrote.
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CHLA to FHFA: Don’t Limit GSE Products

March 19, 2025
Brandon Ivey
“Fannie and Freddie should maintain their affordable housing footprint, including condo, investor and second home loans — without volume caps or fee increases unrelated to risk,” CHLA said.
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Short Takes: Terminated CFPB Employees Brought Back, Placed on Leave / Purchase-Mortgage Applications Hold Up / Positive Outlook for Interest Rates / Annaly Aggregating HELOCs

March 19, 2025
Brandon Ivey
Following a court order, the CFPB disclosed this week that it reinstated 117 probationary employees then immediately placed them on administrative leave.
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Pulte Revamps GSE Boards, Including a DOGE Addition

March 18, 2025
Dennis Hollier
Christopher Stanley, a security engineer at SpaceX, is the first member of Elon Musk’s Department of Government Efficiency to join a GSE board.
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CFPB Quickly Processing Complaints After a Slowdown

March 18, 2025
Brandon Ivey
In recent weeks, the Trump administration took steps to restore complaint processing efforts at the CFPB.
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Short Takes: Trump Nominates Bowman for Fed Vice Chair for Supervision / OCC Ends Loss-Mit Consent Order With Wells / Housing Starts Increase / HUD, DOI Form Task Force

March 18, 2025
Brandon Ivey
Michelle Bowman has expressed industry-friendly views on various regulatory issues.
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Trump Executive Order Could Endanger CDFIs, Lending

March 17, 2025
Brandon Ivey
The White House wants the head of the CDFI Fund to explain which of its functions are statutorily required.
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Pulte Confirmed as FHFA Director

March 14, 2025
Dennis Hollier
Pulte said that any exit by the GSEs from conservatorship “must be carefully planned to ensure the safety and soundness of the housing market without putting upward pressures on mortgage rates.”
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