An 18.05% year-over-year increase in home prices means Fannie and Freddie will be able to purchase loans as high as $970,080 in 2022.

Caps for GSE loans could jump by as much as 19%.

Ed Pinto and Patrick Lawler of the American Enterprise Institute argue that the capital standards, even under Calabria’s more conservative rule, are already too weak.

The Federal Home Loan Banks saw their interest-earning assets continue to decline in the third quarter, although somewhat less rapidly than earlier in the year. (Includes three data charts.)

The Federal Housing Finance Agency sets new standards for assessing Fannie Mae’s and Freddie Mac’s performance and releases a report assessing its own performance.

If the Senate fails to resolve the debt ceiling in time, the federal government’s credit rating will likely be downgraded to “restricted default.” So, too, will the ratings on GSE debt.

If it gets through the Senate in its current form, the Build Back Better bill could have several budgetary impacts on the housing finance industry.

Comments from AEI and the Cato Institute say, rather than reduce the capital requirements for the GSEs, FHFA should increase them.

Mike Gill was part of the team brought in by former FHFA Director Mark Calabria to prepare CSS to issue securities for potential competitors of Fannie and Freddie.

The GSEs’ regulator buys access to executive compensation data at the enterprises’ peers.