There are new faces in the C suite at Fannie Mae and U.S. Mortgage Insurers. And some Freddie Mac veterans got promotions this week.

The volume of multifamily loans the enterprises can purchase will be smaller in 2023, but the FHFA also expanded the mission-oriented qualifications.

None of Fannie's multifamily CRT transactions has an exposure to storm damage exceeding 1% of UPB.

A nonprofit specializing in housing for the homeless, aged, and persons with mental disabilities wins the auction on 16 nonperforming loans in Miami.

FHFA has allowed for expanded use of forward commitments to facilitate the development of more affordable housing.

Affordable housing advocates say Fannie Mae and Freddie Mac should do more to prevent investors from exploiting loopholes to profit off of LIHTC-funded properties.

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.