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GSEs Receive Year-end NAIC Designations for CRT

January 6, 2023
Dennis Hollier
Nearly 80% of Freddie’s STACRs received an NAIC 1 designation, the highest rating.
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Another Appeal in Collins v. Treasury

January 6, 2023
Dennis Hollier
Attorneys for a group of Fannie Mae and Freddie Mac shareholders seeking to overturn the net worth sweep will take another swing at the Fifth Circuit Court of Appeals.
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GSEs Offer Guidance on Florida Property Insurance Debacle

December 16, 2022
Dennis Hollier
The state of Florida is setting up a reinsurance fund to stabilize a property insurance system plagued with disaster-related insolvencies and years of underwriting losses.
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FHFA Publishes 2023-2024 MF Housing Goals for GSEs

December 16, 2022
Dennis Hollier
The new benchmarks for Fannie Mae and Freddie Mac reflect higher interest rates and the anticipated decline in the number of affordable units in the multifamily market.
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Trade Group Proposes 100% AMI Limit for LMI Borrowers

December 16, 2022
Dennis Hollier
The Mortgage Bankers Association argues that higher income thresholds would allow more minority borrowers access to low-downpayment mortgages like HomeReady and Home Possible.
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Fannie's DU Can Now Serve Borrowers With No Credit History

December 16, 2022
Dennis Hollier
The mortgage giant will leverage consumer-permission bank-statement data to underwrite loans for borrowers with no FICO score.
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C-Level Positions Change Hands at Fannie, Freddie, USMI

December 16, 2022
Dennis Hollier
There are new faces in the C suite at Fannie Mae and U.S. Mortgage Insurers. And some Freddie Mac veterans got promotions this week.
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Fannie Mae Puts Another $3.83 Billion in Old CAS Notes to Bed

December 16, 2022
Dennis Hollier
Investors tendered only 73% of the CAS notes Fannie was willing to buy back.
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District Court Tosses Collins v. Yellen (For Good?)

December 2, 2022
Dennis Hollier
A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.
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GSEs Set Stage for New Conforming Loan Limits

December 2, 2022
Dennis Hollier
As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.
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