The FHFA director has proposed a new rule that would ensure stakeholders have a say when the GSEs consider new products or activities.

One of the few good things to come out of the COVID crisis is that the GSEs can push forward alternative ways of doing business.

Aaron Nielson said the high court’s recent decision in Seila v. CFPB actually supports his contention that FHFA’s structure is legitimate.

More than 31,000 seriously delinquent borrowers have yet to take advantage of forbearance, according to James Clyburn, chairman of the House Select Subcommittee on the Coronavirus Crisis.

Fannie issued $167.49 billion in short-term debt through Aug. 31, compared to $550.47 billion for all of 2019. Meanwhile, its long-term debt issuance expanded to $165.72 billion from $21.55 billion.

A majority of forbearance loans were not delinquent and a small number of loans were delinquent but not in relief, that means…

Both enterprises continue to structure deals.

The trade group reiterated that Fannie and Freddie should not be permitted to exit conservatorship until further systematic, wholesale and long-term reforms are made permanent.

Industry stakeholders said FHFA should find tremendous value in the CRT program as it reduces systemic risk by distributing risk across many investors and transactions.

The loans were divided among four pools. Three were sold to VRMTG ACQ, a minority- and woman-owned business.