Brian Tomney Sworn in as FHFA Inspector General March 25, 2022 Dennis Hollier The former firefighter and DOJ official steps into the shoes of once held, with controversy, by Linda Wertheimer.Read More
Freddie Names First Chief Diversity Officer March 25, 2022 Dennis Hollier A 20-year Freddie Mac veteran, Wendell Chambliss will serve as the company’s first-ever chief diversity and inclusion officer.Read More
Freddie Warns of Russian Malware Following Ukraine Invasion March 25, 2022 Dennis Hollier Following a joint warning from the FBI and the CISA, Freddie Mac reminded its seller/servicers about their role in preventing cyberattacks.Read More
Lenders Don’t See Much Use for Blockchain in Near Term March 25, 2022 Dennis Hollier Only a quarter of mortgage lenders say they’re familiar with blockchain or its potential use in housing finance.Read More
Credit Suisse Wins Legacy MBS Lawsuit on Technicality March 24, 2022 Dennis Hollier Failure to submit a timely and specific repurchase demand involving pre-2008 non-agency MBS doomed a U.S. Bank lawsuit.Read More
Bipartisan Senate Bill Seeks Details on NFIP Pricing March 24, 2022 Dennis Hollier Senators have raised concerns over the lack of transparency in the FEMA program’s risk-mitigation calculations.Read More
GSEs’ 2021 MF Numbers Suggest Housing Goal Shortfall in 2022 March 24, 2022 Dennis Hollier Fannie Mae and Freddie Mac purchased fewer mortgages for mission-based multifamily lending in 2021. And this year their housing goals are even higher.Read More
MBA Holds Firm on FHFA Not Regulating GSE Lenders March 21, 2022 Dennis Hollier The trade group believes Congress envisioned the agency as the regulator of the enterprises, not the marketplace as a whole...Read More
Short Takes: What If: The 5% FRM / Looking Sideways at the Fed / A Rate Comparison / About That Vacation Home / The Thompson Nomination Advances March 18, 2022 Dennis Hollier and Paul Muolo In case you haven't noticed: Jumbo rates continue to be cheaper than Fannie/Freddie rates...Read More
Senate Committee Approves Thompson as FHFA Chief March 17, 2022 Dennis Hollier The nomination of Sandra Thompson to head the Federal Housing Finance Agency moved forward this week when the Senate Banking Committee voted 13-11 in her favor.Read More