Sen. Pat Toomey, R-PA, and NAMB President Kimber White each grade the brief performance of FHFA’s acting director.

Freddie’s refinance-based green MBS program leapfrogs past Fannie’s more mature program based on newly built homes. (Includes data chart.)

FHFA’s decision to repropose certain provisions in the capital framework of the GSEs lures Fannie back to the CRT fold.

The mortgage industry’s warnings that the restrictions placed on the GSEs would tighten credit availability for less qualified borrowers were not lost on the Biden administration.

The changes would reduce Fannie’s and Freddie’s capital requirements and increase incentives to issue CRT transactions.

The support of the powerful House Financial Services Committee chair improves the chances that FHFA Acting Director Sandra Thompson’s job becomes permanent. It also casts doubt on the rumored nomination of CRL President Mike Calhoun.

Even though the Supreme Court issued its decision in the Collins case two months ago, lawyers for both the shareholders and the government prepare to make many of the same arguments again before the Fifth Circuit.

The agency will allow the GSEs to boost LIHTC investment by $350 million each and expand the sale of REO properties to owner-occupants and nonprofits.

Fannie and Freddie have issued a combined $25.1 billion in long-term debt so far this year. That’s compared to $338.7 billion in the first six months of 2020.

Hedge funds and REITs are buying up the nation’s manufactured home communities, often with support from Fannie and Freddie. But most resident-owned communities can't meet the GSEs' LTV requirements.