Ian Ouwerkerk, who began running multifamily underwriting and credit for Freddie on an interim basis in the first quarter, has been promoted permanently to the job.

Beginning in March 2023, GSE servicers will have to retain fair lending data. FHFA set the requirement, citing lessons learned during the pandemic.

WI certificates are expected to become the primary way for investors to acquire the A-M and A-2 classes of Freddie’s signature K-deals.

At the first of three planned listening sessions, FHFA heard that for-profit investors increasingly use litigation to pressure nonprofit affordable housing developers to sell LIHTC-funded properties at minimal prices.

Over the past two years, Fannie estimates its single-family green MBS program has saved over 45 billion BTUs of energy.

Fannie and Freddie bolstered their affordable housing acquisitions in 2021; FHLB not so much.

Rich Martinez joins the growing roster of executives abandoning the GSEs for greener pastures.

The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.

Donna Corley, Freddie’s head of single-family, said borrowers will soon be able to use the Choice Renovation product to finance the construction of accessory dwelling units and count the rent toward income.

With their unguaranteed subordinate tranches, the K-series was the first enterprise security to transfer credit risk to private investors.