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GAO, FHFA At Odds on Accounting Practices

May 1, 2026
Dennis Hollier
GAO auditors suggested FHFA update its procedures for how accounting personnel consider the impact significant policy changes may have on its financial reporting. FHFA declines, saying the current procedures are fine.
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CHLA Seeks Targeted LLPA Cuts to Improve Affordability

May 1, 2026
Dennis Hollier
The trade group called for an all-of-government effort to solve the housing affordability crisis. That includes the GSEs.
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Freddie Updates Multifamily Guide

May 1, 2026
Dennis Hollier
The GSE beefed up requirements for smaller multifamily properties and inexperienced owners.
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Depository Servicers End Slide in Servicing Share

April 17, 2026
Dennis Hollier
Banks and other depository institutions regained a little market share in GSE servicing during the first quarter of 2026 after 11 consecutive quarters of losing share to nonbanks. (Includes two data tables.)
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FHLBanks Push for Regulatory Reforms

April 17, 2026
Dennis Hollier
The Federal Home Loan Bank trade group supports President Trump’s executive order on improving access to mortgage credit.
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Fannie Sets Guardrails for AI/ML

April 17, 2026
Dennis Hollier
Fannie Mae belatedly joined Freddie Mac in establishing ground rules for seller/servicers that deploy or manage artificial intelligence or machine learning tools while doing business with the enterprise.
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GSEs Take Diverging Paths on Debt

April 17, 2026
Dennis Hollier
Fannie Mae extended duration by shifting from short- to long-term debt, but allowed overall debt to grow. Freddie de-levered by cutting short-term debt without adding to long-term debt.
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Rural DTS Lending Doesn’t Follow Inflationary Model

April 17, 2026
Dennis Hollier
Since 2016, when the duty-to-serve rule compelled the GSEs to make it easier to buy homes in rural census tracts, home prices have remained mostly stable and rents have declined.
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Freddie Tweaks Flex Mod Rules

April 17, 2026
Dennis Hollier
Servicers will now have some leeway in how they execute flex loan modifications.
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Freddie Mac Adjusts Multifamily Small-Balance Loan Program

April 17, 2026
Dennis Hollier
The move will increase the size of eligible loans and the number of units allowed, but stiffer qualification requirements may alienate smaller landlords.
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