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OIG Report Details 2023 Spike in Multifamily Fraud

January 9, 2026
Dennis Hollier
Between 2022 and 2024, Fannie’s open multifamily fraud investigations spiked from 14 to 193. In the same interval, actual fraud findings went from 3 to 87.
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Freddie Strengthens Sponsor Underwriting for Multifamily

January 9, 2026
Dennis Hollier
Freddie is revising its liquidity verification documentation requirements for sponsors to include a liquidity verification worksheet with delivery of the full underwriting package.
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Seller Buybacks Surge in 3Q25, Pipeline Also Rises

December 19, 2025
John Bancroft
Recent buyback data suggest the 2024 vintage is one of the most pristine in modern GSE history, although repurchase volume was up in the third quarter of 2025. (Includes three data tables.)
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Fannie Mae Set to Move San Francisco Office to Alabama

December 19, 2025
Dennis Hollier
Sen. Tommy Tuberville, R-AL, said the move will not only save the taxpayers money, but it will bring jobs to his state.
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Former Freddie CEO Calls for Revamp of CRT Activity

December 19, 2025
Dennis Hollier
Don Layton, under whose leadership Freddie rolled out the first CRT transaction in 2012, said cracks in the GSEs’ CRT programs expose them to systemic risks. The cure: a new capital rule.
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Fannie Steps Up Fraud Prevention

December 19, 2025
Dennis Hollier
Fannie alerts seller/servicers to stiffer fraud detection rules. For example, lenders have 24 hours to report any borrower if they’re found on the Department of Treasury’s foreign assets control sanctions list.
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Fannie Updates HomeStyle Mortgage Options

December 19, 2025
Dennis Hollier
The GSE ditched its energy efficiency home improvement loan product in favor of a more generic product targeting smaller projects. The new HomeStyle Refresh product becomes available at the end of March.
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Assumable and Portable Mortgages Seen as Niche

December 19, 2025
Dennis Hollier
UI researchers explore whether the GSEs, by accepting new loan products, can help alleviate the lock-in effect and improve affordability for homebuyers.
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Freddie Mac Clarifies Lexicon of Appraisals

December 19, 2025
Dennis Hollier
Underwriters should understand that neighborhood, subdivision and market area are distinct terms used in property appraisal.
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GSE Roundup

December 19, 2025
Dennis Hollier
Freddie Mac taps a new CEO; Waters lashes out at Pulte; DOJ denies investigation into the FHFA director.
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