As of the end of August, eight individuals had either been indicted or charged in criminal complaints related to PPP fraud.

On the multifamily side of the aisle Fannie purchased 385,763 units in the low-income category. Freddie did even better: 495,451.

Sheila Bair, when she served as FDIC chair, played a major role in strengthening capital standards through the Basel Accords.

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.

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.

Wells Fargo and Chase together accounted for more than half of all borrowers exiting forbearance in July, Wells Fargo Securities found in its deep dive into new, loan-level data on Fannie Mae’s Connecticut Avenue Securities.