Fannie and Freddie addressed FHFA complaints by adding more rigorous and measurable goals to their plans to improve liquidity in underserved mortgage markets.

The Freddie veteran replaces Deborah Jenkins, who left in October.

The deal will help support the development of 1,500 units of senior housing in Arizona, more than half of which will be affordable to renters with incomes lower than 50% of AMI.

The Federal Housing Finance Agency acting director said there are lots of questions that must be answered before Fannie and Freddie can exit government supervision.

The new initiative will provide pricing incentives to multifamily property owners who accept housing choice vouchers issued by the Department of Housing and Urban Development.

Fannie Mae and Freddie Mac met all the FHFA benchmarks last year, but even if they’re lucky enough to do just as well this year, they would still fall short on several multifamily goals.

The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.

Credit-related income boosts profits at Fannie Mae; fair value losses at Freddie Mac keep net income growth in check.

Although 2021 was a monster year for the mortgage giant, the fourth quarter looked more like a return to normal.

The lawsuit brought by fair housing organizations focused on Fannie Mae’s maintenance and marketing of its real estate-owned properties, that is, homes acquired through foreclosure.