The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.
Sharifa Anderson has been appointed to the newly created position of senior vice president for diversity and inclusion at the government-sponsored enterprise.
Fannie resumed issuing credit-risk transfer notes in October after a long break. Still, GSE CRT issuance couldn’t match 2020’s volume. (Includes data chart.)
By punting on this GSE case, the appeals court effectively ends shareholders’ constitutional and Administrative Procedures Act claims. Now, all eyes turn to a breach of contract battle in district court.