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OIG: FHFA Could Do More to Combat Appraisal Bias

January 6, 2023
Dennis Hollier
Despite extensive efforts to combat the use of biased valuations, FHFA does not refer appraisers to state licensing boards for investigations or reprimand.
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FHFA Issues Final Rule on Approving GSE Products

January 6, 2023
Dennis Hollier
The rule requires the enterprises to submit a written notice of any new activity for FHFA to review. However, they can consult with the agency in advance to determine if such a notice is required.
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FHFA Releases 2023 Scorecard for GSEs

January 6, 2023
Dennis Hollier
Subtle differences between 2022 and 2023 objectives speak to both new priorities and goals reached.
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Fannie Picks Climate Risk Assessment Firm

January 6, 2023
Dennis Hollier
Jupiter Intelligence will provide Fannie with climate data and analytics for at-risk communities in Baltimore and Memphis.
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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.
Read More
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