Sandra Thompson, the acting FHFA director, said Fannie and Freddie have responsibilities beyond the narrow affordable housing goals to ensure access to credit for borrowers in all parts of the country.

Critics say FHFA’s proposed changes to the enterprise regulatory capital framework are a move in the right direction, but the agency still hasn’t addressed the procyclicality of the rule or explained how the new provisions were calculated.

Brian Tomney, Biden’s choice to head the FHFA-OIG, had an unexpectedly smooth ride through the confirmation hearing before the Senate Banking Committee.

The Federal Housing Finance Agency sets new standards for assessing Fannie Mae’s and Freddie Mac’s performance and releases a report assessing its own performance.

Comments from AEI and the Cato Institute say, rather than reduce the capital requirements for the GSEs, FHFA should increase them.

The GSEs’ regulator buys access to executive compensation data at the enterprises’ peers.

Critics say the amendments correct some of the flaws in the rule finalized last December, but it’s still far too conservative when compared to historic losses at the GSEs.

An OIG report finds the GSEs’ expected cost from pandemic-related forbearances has climbed about 30% in the past year.

The Federal Housing Finance Agency’s proposed amendments to the capital rule bring the mortgage giant back to the CRT table.

Dan Coates, senior advisor to Acting Director Sandra Thompson, will take over as head of the Division of Research and Statistics.