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FHFA Reaffirms Climate Change Concerns

October 22, 2021
Dennis Hollier
Acting Director Thompson agreed with the conclusion in a new FSOC report that climate change poses an "emerging threat" to the nation's financial stability.
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What Animates Fannie’s Actions: ESG, COVID-19 and George Floyd

October 21, 2021
Dennis Hollier
Fannie CEO Frater: “If you think about what we do and how we actually help people, we’re actually more set up to be ESG companies than may other companies that you might think of as ESG companies.”
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The GSEs’ Low-Income Refi Programs Get a Boost

October 21, 2021
Dennis Hollier
The Federal Housing Finance Agency expands the GSEs’ low-income refinance programs to include more moderate-income borrowers.
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After a Long Hiatus, Fannie Re-enters the CRT Arena

October 20, 2021
Brandon Ivey
CRT-specific hindrances have been jettisoned...
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At MBA Show, FHFA Chief Unveils Efforts to Increase the Low-Income Refi Pie

October 19, 2021
Dennis Hollier
Thompson also made it the FHFA will not be changing seller-servicer standards for nonbanks this year.
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Legal Surprises for Fannie/Freddie Shareholders

October 18, 2021
Dennis Hollier
But SCOTUS did throw them a bone. The justices said it was possible that shareholders suffered some “compensable" harm...
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FHFA Publishes 2022 Fannie/Freddie Multifamily Caps

October 13, 2021
Dennis Hollier
The government-sponsored enterprises will each be able to purchase $8 billion more in multifamily loans next year.
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Seniors’ Complaints About Mortgages Jump in 2021

October 13, 2021
Namrata Bhatia
Seniors — age 62 or older — filed 1,987 mortgage gripes during the first six months of the year, up 36.1% from the same period last year...
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Chopra Sworn in at the CFPB. Kudos and Concerns…

October 13, 2021
Brandon Ivey
John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
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Lenders Urge States to Extend Work From Home Flexibilities

October 12, 2021
Brandon Ivey
The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.
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