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Fannie Draws Fire for Rule on Short-Term Rentals

July 9, 2021
Dennis Hollier
Lenders, real estate agents and condo boards lambaste the GSE for using vague and undefined terminology to determine whether it will purchase mortgages from projects with significant short-term rental activity.
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Fair Lending Starting to Gain Prominence Under Thompson

July 9, 2021
Dennis Hollier
Besides using its own enforcement powers, FHFA will be referring cases to other appropriate agencies, including the Department of Justice.
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GSEs Take Different Paths to the 7% Cap on I/SH Loans

June 25, 2021
Dennis Hollier
With Fannie already over the PSPA cap on non-owner-occupied loan volume, lenders may have to dramatically reduce their delivery of second-home and investor-property mortgages.
Read More

FHFA Director Can Be Fired, but No Relief for Collins Plaintiffs

June 25, 2021
Dennis Hollier
Supreme Court rules president can remove FHFA director at will but shareholders still can’t get restitution.
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Impact of the Supreme Court’s Collins Decision

June 25, 2021
Dennis Hollier
Although most housing advocates applauded the Supreme Court’s Collins decision, shareholders argue the justices ignored key points. Nevertheless, legal experts say there’s little chance the plaintiffs will prevail when the case returns to circuit court.
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More Multifamily Deals Spring from Fannie, Freddie

June 25, 2021
Dennis Hollier
Fannie and Freddie roll out deals that include green bonds, affordable housing offerings, and plain vanilla multifamily MBS.
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Calabria’s Valedictory Remarks to the FSOC

June 25, 2021
Dennis Hollier
FHFA’s now erstwhile director warned FSOC of the risks of the growing share of GSE debentures in the holdings of government money market funds.
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Fannie Tweaks Servicing Rules to Simplify Processes

June 25, 2021
Dennis Hollier
Fannie Mae alerts servicers to upcoming changes regarding how it will process payments and reimbursements.
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Former Treasury Housing-Finance Czar Says GSEs Fully Reformed

June 11, 2021
Dennis Hollier
Craig Phillips, senior counselor to Treasury Secretary Steven Mnuchin, recounts the Trump administration’s difficulties in ending the net worth sweep and the conservatorships.
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FHFA Issues RFI on Executive Compensation

June 11, 2021
Dennis Hollier
The compensation calculus at the GSEs dates back to 2012. FHFA wants to know if it’s time to change that.
Read More
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