Fannie Mae and Freddie Mac saw declines in the flow of volume in their mortgage securitization businesses during the first six months of 2022. Meanwhile, smaller lenders continued to gain some market share. (Includes two data charts.)
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.
A new research paper co-authored by officials at the Federal Reserve argues that the public/private nature of the FHLBs has allowed them to engage in activities not expressly foreseen by Congress.