The Federal Reserve published a hypothetical economic collapse for banks to use in their annual stress test this year. The same scenario might be used by FHFA for Fannie Mae and Freddie Mac.

The mortgage giant spelled out what servicers must do to ensure the GSE’s interests are protected by adequate property insurance on the collateral backing its mortgage loans. Fannie also hedges its bets on a lapse in the NFIP.

Despite winning a massive jury award in August, GSE shareholders are still squabbling with the government over how those damages should be distributed.

Freddie Mac’s new $2,500 credit for buyers earning less than 50% of area median income closely resembles an initiative announced last month by Fannie Mae.

Although Fannie Mae’s NPL sales are down, Freddie Mac’s near exit from the market accounts for most of the decline in sales in 2023.

The percentage of GSE multifamily investment in areas of concentrated poverty increased in 2022, both in dollar and percentage terms.

The former FHFA director says Congress will never act, but that the GSEs should create subsidiaries, then complete an initial public offering to get out of government control.

Thousands of stakeholders responded to FHFA’s RFI on the prospect of the GSEs establishing tenant protections for the multifamily properties they back. Most respondents were tenants.

The limits on Fannie’s and Freddie’s annual investment in low-income housing tax credit programs has jumped from $850 million to $1 billion each.

Under the terms recommended in FHFA’s review of the Federal Home Loan Banks, 85 current members would fail to meet the 10% mortgage-related asset rule.