When Congress passed the Tax Cuts and Jobs Act in December 2017, one of the major concerns was the impact it would have on the LIHTC program.

The latest FHFA directive is something of a mystery. In separate 8-Ks, both Fannie and Freddie point out that no employees currently receive a base salary of more than $600,000.

"The CFPB’s job is not to regulate market share in the secondary mortgage market,” says Adam Levitin.

The 2019 DFAST includes a more severe recession than in 2018, with a major economic crisis in Europe causing investors to flee to U.S. markets.

Fannie warns that the loss reserves required by the new FASB standard may exceed its retained earnings in the first quarter of 2020.

Sheila Bair joins Fannie Mae after several years as a university executive and a board member for companies like Reuters, Host Hotels and the Industrial and Commercial Bank of China.

An appeals court has twice rejected discrimination and defamation claims by an employee fired for working with an unapproved contractor.

Both GSEs posted their highest monthly volume of single-family MBS issuance since January 2017. Purchase-mortgage and refinance business rose significantly.

A decade of incremental reform has set the stage for Fannie Mae and Freddie Mac to exit conservatorship, according to Don Layton.

The successful launch of the single security — more than $9.5 trillion in UMBS has traded through the end of July — may pave the way for broader housing-finance reform, according to researchers at the Urban Institute.