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Fannie Reassigns Hayward as Chief Administrative Officer

September 11, 2020
Dennis Hollier
Jeffery Hayward will assume the newly created position of chief administrative officer at Fannie. He will oversee affordable housing, as well as environmental, social and governance programs.
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CSS Adds New Members to Leadership Team

September 11, 2020
Dennis Hollier
CSS has appointed Jina Hong as senior vice president and chief audit executive and Juanita Russell as senior vice president and chief financial officer.
Read More

GSEs Reiterate Mortgage Relief for Hurricane, Fires

September 11, 2020
Dennis Hollier
Homeowners affected by natural disasters can often suspend their payments for up to 12 months without incurring any late fees.
Read More

‘GSE Patch’ Proposal Leaves Industry Wanting More

September 11, 2020
Dennis Hollier
According to the CFPB’s own estimate, as many as 957,000 loans would be affected by the expiration of the patch.
Read More

Industry Relieved as FHFA Postpones GSE Refi Fee

August 28, 2020
Dennis Hollier
Still, Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, urged the Federal Housing Finance Agency to kill the LLPA outright.
Read More

CBO Models Skeptical about Fannie/Freddie IPOs

August 28, 2020
Dennis Hollier
Models using the most likely assumptions about retained earnings, capital requirements and expected returns suggest the GSEs would have unsuccessful public offerings.
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FHFA-OIG: GSE Transition to the Cloud Poses Risks

August 28, 2020
Dennis Hollier
The FHFA, which serves as the regulator and conservator of the GSEs, lacks the authority to supervise Fannie’s and Freddie’s third-party cloud service providers.
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FHFA Announces Listening Sessions for Capital Rule

August 28, 2020
Dennis Hollier
After the comment period on the re-proposed GSE capital rule closes, the FHFA will hold “listening sessions” allowing stakeholders to elaborate on their comments.
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Freddie’s CRT Program Shifts Gears

August 28, 2020
Dennis Hollier
Freddie originally planned to issue a $550 million STACR, but then increased the offering size to $1.1 billion due to investor demand.
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Fannie’s Single-Family Green Bond Program Tops $40M

August 28, 2020
Dennis Hollier
The first-of-its-kind MBS backed by single-family homes that are energy efficient has been endorsed by Cicero Shades of Green.
Read More
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