Freddie announces a $1.3 billion Seasoned Loans Structured Transaction; Fannie prices a $1 billion REMIC deal; Freddie launches a new product to address aging housing supply; CEO Layton’s last week at Freddie.
Affordable housing expert heads back to the private sector. Industry observers wait to see if this is the beginning of a wave as Freddie CEO Donald Layton retires.
The regulator continues its hiring spree, plundering liberally from other departments. We hear Craig Phillips, Treasury’s point man on housing-finance reform, is available.
The agency has begun to assemble the team that is supposed to deliver on the new director's plans for housing-finance reform. So far, the industry is impressed.
Bucking national trends, the percentage of women employees at the FHFA has been declining since 2014. Minorities continue to see incremental advances in representation in the workforce.
The new hire is part of the growing link between the agency, HUD, and the White House. Whether that’s a political asset or a liability remains to be seen.
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